PPP Loan information for Networking concepts inc

$201,632

Networking concepts inc was initially approved for PPP Loan of amount $201,632, the current approved amount is $201,632. The loan was approved on 02/09/2021 by The Bank of America, National Association reported 8 jobs and $201,632 was used to fund payroll.

Networking concepts inc is Existing or more than 2 years old

NETWORKING CONCEPTS INC

Date Approved

02/09/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

NETWORKING CONCEPTS INC

Borrower Address

9881 Broken Land Pkwy Ste 402

Borrower City

Columbia

Borrower State

MD

Borrower Zip

21046-3024

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

201632.00

Current Approval Amount

201632.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Columbia

Project County Name

HOWARD

Project State

MD

Project Zip

21046-3024

CD

MD-03

Jobs Reported

8

NAICS Code

541519

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

201627.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

203488.12

Forgiveness Date

01/13/2022

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