# PPP loan: NETCO INC
> **$171K** approved 04/05/2020 · Paid in Full · Loan `5588567001`
## Borrower
- **Name:** NETCO INC
- **Address:** 1093 Ridge Road, WINDSOR, ME, 04363-3239
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 9
## Lender
- **Originating:** Machias Savings Bank
- **Servicing:** Machias Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*