# PPP loan: NETRONOME SYSTEMS INC
> **$2.46M** approved 05/01/2020 · Exemption 4 · Loan `6786387709`
## Borrower
- **Name:** NETRONOME SYSTEMS INC
- **Address:** 3159 UNIONVILLE RD, CRANBERRY TOWNSHIP, PA, 16066-3515
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.46M
- **Initial approval:** $2.46M
- **Forgiven:** $1.57M (64%)
- **Forgiveness date:** 07/28/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $2.46M
- **Jobs reported:** 28
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*