PPP Loan information for Network coverage llc

$943,200

Network coverage llc was initially approved for PPP Loan of amount $943,200, the current approved amount is $943,200. The loan was approved on 04/09/2020 by The Salem Five Cents Savings Bank reported 57 jobs and $943,200 was used to fund payroll.

Network coverage llc is Existing or more than 2 years old

NETWORK COVERAGE LLC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NETWORK COVERAGE LLC

Borrower Address

3 ELECTRONICS AVE, Suite 102

Borrower City

DANVERS

Borrower State

MA

Borrower Zip

01923-1099

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

943200.00

Current Approval Amount

943200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVERS

Project County Name

ESSEX

Project State

MA

Project Zip

01923-1099

CD

MA-06

Jobs Reported

57

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

943200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

951322.00

Forgiveness Date

02/23/2021

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