Networks Group, Inc.

$324,390 PPP Loan in Ann Arbor, Michigan

Loan Details

Loan Number
1786297703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$324,390
Current Approval
$324,390
Forgiveness Amount
$326,606
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Networks Group, Inc.
Address
100 S Main St Ste 200
ZIP Code
48104
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$268,244
Rent
$24,018
Health Care
$29,033
Debt Interest
$3,095

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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