# PPP loan: DIRECTNET, INC.
> **$166K** approved 05/01/2020 · Paid in Full · Loan `2724487700`
## Borrower
- **Name:** DIRECTNET, INC.
- **Address:** 2655 CRESCENT DR STE B, LAFAYETTE, CO, 80026
- **NAICS:** 423430
- **Business type:** —
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Health care:** $10K
- **Jobs reported:** 14
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*