PPP Loan information for Northern valley electrical inc.

$1,289,565

Northern valley electrical inc. was initially approved for PPP Loan of amount $1,096,000, the current approved amount is $1,289,565. The loan was approved on 04/05/2020 by The Gate City Bank reported 65 jobs and $1,289,565 was used to fund payroll.

Northern valley electrical inc. is Existing or more than 2 years old

PPP Loan Search / ND / GRAND FORKS / Northern valley electrical inc.

NORTHERN VALLEY ELECTRICAL INC.

Date Approved

04/05/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NORTHERN VALLEY ELECTRICAL INC.

Borrower Address

4551 S WASHINGTON ST STE L

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201-3436

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1096000.00

Current Approval Amount

1289565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77898

Servicing Lender Name

Gate City Bank

Servicing Lender Address

500 2nd Ave N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4864

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-3436

CD

ND-

Jobs Reported

65

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1289565.00

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

77898

Originating Lender

Gate City Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1299093.45

Forgiveness Date

01/07/2021

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