# PPP loan: NETWORK INDUSTRIES INC.
> **$370K** approved 03/12/2021 · Paid in Full · Loan `9383648503`
## Borrower
- **Name:** NETWORK INDUSTRIES INC.
- **Address:** 115 N Glover Ave, Chula Vista, CA, 91910-1009
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $373K (101%)
- **Forgiveness date:** 04/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $369K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*