PPP Loan information for North atlantic electric inc

$121,800

North atlantic electric inc was initially approved for PPP Loan of amount $121,800, the current approved amount is $121,800. The loan was approved on 04/14/2020 by The Truist Bank reported 10 jobs and $121,800 was used to fund payroll.

North atlantic electric inc is Existing or more than 2 years old

NORTH ATLANTIC ELECTRIC INC

Date Approved

04/14/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

NORTH ATLANTIC ELECTRIC INC

Borrower Address

312 S OLD DIXIE HWY STE 214

Borrower City

JUPITER

Borrower State

FL

Borrower Zip

33458-7492

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121800.00

Current Approval Amount

121800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JUPITER

Project County Name

PALM BEACH

Project State

FL

Project Zip

33458-7492

CD

FL-21

Jobs Reported

10

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

121800.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

123078.90

Forgiveness Date

05/06/2021

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