# PPP loan: NETCENERGY LLC
> **$370K** approved 02/24/2021 · Paid in Full · Loan `3492008501`
## Borrower
- **Name:** NETCENERGY LLC
- **Address:** 1125 Pontiac Ave, Cranston, RI, 02920-7919
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $370K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*