123.net, Inc.

$2,387,600 PPP Loan in Southfield, Michigan

Loan Details

Loan Number
2592797108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,387,600
Current Approval
$2,387,600
Forgiveness Amount
$2,413,635
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
123.net, Inc.
Address
24700 Northwestner Highway, Suite 700
ZIP Code
48075
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541512)
Business Age
Existing or more than 2 years old
Jobs Reported
160
Estimated Revenue
$33.1M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$2,387,600

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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