PPP Loan information for North electric, inc.

$1,037,700

North electric, inc. was initially approved for PPP Loan of amount $1,037,700, the current approved amount is $1,037,700. The loan was approved on 04/09/2020 by The First National Bank of Pennsylvania reported 20 jobs and $1,037,700 was used to fund payroll.

North electric, inc. is Existing or more than 2 years old

PPP Loan Search / OH / CLEVELAND / North electric, inc.

NORTH ELECTRIC, INC.

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

NORTH ELECTRIC, INC.

Borrower Address

12117 BENNINGTON AVE., SUITE 200

Borrower City

CLEVELAND

Borrower State

OH

Borrower Zip

44135-3729

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1037700.00

Current Approval Amount

1037700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44135-3729

CD

OH-11

Jobs Reported

20

NAICS Code

561499

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1037700.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1048941.75

Forgiveness Date

05/21/2021

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