PPP Loan information for National association of electrical distributors inc

$879,255

National association of electrical distributors inc was initially approved for PPP Loan of amount $879,255, the current approved amount is $879,255. The loan was approved on 02/23/2021 by The Commerce Bank reported 37 jobs and $879,255 was used to fund payroll.

National association of electrical distributors inc is Existing or more than 2 years old

NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS INC

Date Approved

02/23/2021

SBA Office Code

0768

Processing Method

PPP

Borrower Name

NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS INC

Borrower Address

1181 Corporate Lake Dr

Borrower City

Saint Louis

Borrower State

MO

Borrower Zip

63132-1716

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

879254.92

Current Approval Amount

879254.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Saint Louis

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63132-1716

CD

MO-01

Jobs Reported

37

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

879250.92

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

888609.22

Forgiveness Date

03/16/2022

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