# PPP loan: NGROUP, INC.
> **$2.41M** approved 04/27/2020 · Exemption 4 · Loan `3911087208`
## Borrower
- **Name:** NGROUP, INC.
- **Address:** 1184 Springmaid Ave, Suite 104, Fort Mill, SC, 29708
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.41M
- **Initial approval:** $2.41M
- **Forgiven:** $2.12M (88%)
- **Forgiveness date:** 04/26/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.41M
- **Jobs reported:** 397
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*