PPP Loan information for Northland electric inc

$43,800

Northland electric inc was initially approved for PPP Loan of amount $43,800, the current approved amount is $43,800. The loan was approved on 02/05/2021 by The River Bank reported 4 jobs and $43,800 was used to fund payroll.

Northland electric inc is Existing or more than 2 years old

NORTHLAND ELECTRIC INC

Date Approved

02/05/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

NORTHLAND ELECTRIC INC

Borrower Address

5711 Hamilton Ave

Borrower City

Sparta

Borrower State

WI

Borrower Zip

54656-3885

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43800.00

Current Approval Amount

43800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76816

Servicing Lender Name

River Bank

Servicing Lender Address

145 N Main St

Servicing Lender City

STODDARD

Servicing Lender State

WI

Servicing Lender Zip

54658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sparta

Project County Name

MONROE

Project State

WI

Project Zip

54656-3885

CD

WI-03

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

43797.00

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

76816

Originating Lender

River Bank

Originating Lender City

STODDARD

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44054.28

Forgiveness Date

10/06/2021

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