# PPP loan: COMPUTER NETWORK, INC.
> **$300K** approved 04/10/2020 · Paid in Full · Loan `1935157102`
## Borrower
- **Name:** COMPUTER NETWORK, INC.
- **Address:** 225 US HIGHWAY 278 EAST, CULLMAN, AL, 35055-0638
- **NAICS:** 811212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Rent:** $45K
- **Utilities:** $30K
- **Jobs reported:** 19
## Lender
- **Originating:** First Community Bank of Cullman
- **Servicing:** First Community Bank of Cullman (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*