# PPP loan: NETWORK INFRASTRUCTURE, INC.
> **$6.88M** approved 04/09/2020 · Paid in Full · Loan `9378797000`
## Borrower
- **Name:** NETWORK INFRASTRUCTURE, INC.
- **Address:** 94 Taft Avenue, HEMPSTEAD, NY, 11550-4819
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.88M
- **Initial approval:** $6.88M
- **Forgiven:** $6.96M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.50M
- **Rent:** $1.38M
- **Jobs reported:** 156
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*