PPP Loan information for Network data systems, inc.

$2,080,200

Network data systems, inc. was initially approved for PPP Loan of amount $2,080,200, the current approved amount is $2,080,200. The loan was approved on 04/08/2020 by The Cornerstone National Bank & Trust Company reported 122 jobs and $2,080,200 was used to fund payroll.

Network data systems, inc. is Existing or more than 2 years old

NETWORK DATA SYSTEMS, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NETWORK DATA SYSTEMS, INC.

Borrower Address

300 N. MARTINGALE RD Suite 300

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-2050

Loan Status Date

03/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2080200.00

Current Approval Amount

2080200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60173-2050

CD

IL-08

Jobs Reported

122

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

104010.00

Payroll Proceed

1664160.00

Mortgage Interest Proceed

104010.00

Rent Proceed

208020.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2099557.42

Forgiveness Date

03/18/2021

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