PPP Loan information for Network engineering technologies inc.

$1,471,902

Network engineering technologies inc. was initially approved for PPP Loan of amount $1,471,902, the current approved amount is $1,471,902. The loan was approved on 01/22/2021 by The Lake Ridge Bank reported 97 jobs and $1,471,902 was used to fund payroll.

Network engineering technologies inc. is Existing or more than 2 years old

NETWORK ENGINEERING TECHNOLOGIES INC.

Date Approved

01/22/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

NETWORK ENGINEERING TECHNOLOGIES INC.

Borrower Address

3140 Deming Way

Borrower City

Middleton

Borrower State

WI

Borrower Zip

53562-1461

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1471902.00

Current Approval Amount

1471902.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middleton

Project County Name

DANE

Project State

WI

Project Zip

53562-1461

CD

WI-02

Jobs Reported

97

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1471899.00

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

Corporation

Originating Lender Location Id

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1481378.63

Forgiveness Date

09/22/2021

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