# PPP loan: NETWORKED EDUCATIONAL TECHNOLOGIES LTD
> **$1.04M** approved 01/29/2021 · Paid in Full · Loan `8598498302`
## Borrower
- **Name:** NETWORKED EDUCATIONAL TECHNOLOGIES LTD
- **Address:** 874 Montauk Hwy, Bayport, NY, 11705-1615
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 03/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.04M
- **Utilities:** $1
- **Jobs reported:** 76
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*