As part of the Paycheck Protection Program NITS SOLUTIONS, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NITS SOLUTIONS, INC


Loan Amount	$995,000
BusinessName	NITS SOLUTIONS, INC
Address	40850 Grand River
City	NOVI
State	MI
Zip	48375
NAICSCode	541519
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	55
DateApproved	04/16/2020
Lender	JPMorgan Chase Bank, National Association
CD	MI-11
BusinessName.clean	NITS SOLUTIONS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NITSCH ENGINEERING
NITTANY BUILDING SPECIALTIES
NITTANY OIL COMPANY
NITTERHOUSE CONCRETE PRODUCTS
NITTO BIOPHARMA