# PPP loan: DEVNET, INC.
> **$907K** approved 04/16/2020 · Paid in Full · Loan `3127147209`
## Borrower
- **Name:** DEVNET, INC.
- **Address:** 1709 Afton Road, SYCAMORE, IL, 60178-3224
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $907K
- **Initial approval:** $907K
- **Forgiven:** $914K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $832K
- **Rent:** $60K
- **Utilities:** $6K
- **Debt interest:** $9K
- **Jobs reported:** 65
## Lender
- **Originating:** Resource Bank, National Association
- **Servicing:** Resource Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*