# PPP loan: NIFT NETWORKS, INC
> **$776K** approved 04/15/2020 · Paid in Full · Loan `1243677202`
## Borrower
- **Name:** NIFT NETWORKS, INC
- **Address:** 101 Huntington Avenue Suite 410, Boston, MA, 02199
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $776K
- **Initial approval:** $776K
- **Forgiven:** $786K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $776K
- **Jobs reported:** 24
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*