PPP Loan information for Network essentials inc

$87,975

Network essentials inc was initially approved for PPP Loan of amount $143,400, the current approved amount is $87,975. The loan was approved on 04/10/2020 by The Truist Bank reported 7 jobs and $87,975 was used to fund payroll.

Network essentials inc is Existing or more than 2 years old

NETWORK ESSENTIALS INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NETWORK ESSENTIALS INC

Borrower Address

10610 INDEPENDENCE POINTE PKWY

Borrower City

MATTHEWS

Borrower State

NC

Borrower Zip

28105-2742

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143400.00

Current Approval Amount

87975.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATTHEWS

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28105-2742

CD

NC-14

Jobs Reported

7

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87975.05

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88754.61

Forgiveness Date

03/23/2021

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