# PPP loan: NETCO INC
> **$170K** approved 03/01/2021 · Paid in Full · Loan `5636888506`
## Borrower
- **Name:** NETCO INC
- **Address:** 1093 Ridge Rd, Windsor, ME, 04363-3239
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Utilities:** $1
- **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*