PPP Loan information for North electric inc.

$60,182

North electric inc. was initially approved for PPP Loan of amount $60,182, the current approved amount is $60,182. The loan was approved on 05/02/2020 by The WebBank reported 5 jobs and $60,182 was used to fund payroll.

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

PPP Loan Search / NJ / Woodland Park / North electric inc.

NORTH ELECTRIC INC.

Date Approved

05/02/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NORTH ELECTRIC INC.

Borrower Address

403 Rifle Camp Road

Borrower City

Woodland Park

Borrower State

NJ

Borrower Zip

07424

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60182.00

Current Approval Amount

60182.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodland Park

Project County Name

PASSAIC

Project State

NJ

Project Zip

07424-0001

CD

NJ-11

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60182.00

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

Subchapter S Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60534.73

Forgiveness Date

12/02/2020

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