PPP Loan information for Payroll network, inc.

$1,197,500

Payroll network, inc. was initially approved for PPP Loan of amount $1,197,500, the current approved amount is $1,197,500. The loan was approved on 04/06/2020 by The United Bank reported 75 jobs and $1,197,500 was used to fund payroll.

Payroll network, inc. is Existing or more than 2 years old

PPP Loan Search / MD / ROCKVILLE / Payroll network, inc.

PAYROLL NETWORK, INC.

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PAYROLL NETWORK, INC.

Borrower Address

2092 GAITHER RD Suite 200

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20850-4011

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1197500.00

Current Approval Amount

1197500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-4011

CD

MD-08

Jobs Reported

75

NAICS Code

541214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1197500.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1205516.60

Forgiveness Date

12/16/2020

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