PPP Loan information for Northrop electric, inc

$496,186

Northrop electric, inc was initially approved for PPP Loan of amount $496,186, the current approved amount is $496,186. The loan was approved on 04/07/2020 by The Merchants & Marine Bank reported 31 jobs and $496,186 was used to fund payroll.

Northrop electric, inc is Existing or more than 2 years old

PPP Loan Search / MS / PASCAGOULA / Northrop electric, inc

NORTHROP ELECTRIC, INC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

NORTHROP ELECTRIC, INC

Borrower Address

426 PO BOX

Borrower City

PASCAGOULA

Borrower State

MS

Borrower Zip

39568-0426

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

496186.00

Current Approval Amount

496186.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39666

Servicing Lender Name

Merchants & Marine Bank

Servicing Lender Address

3118 Pascagoula St

Servicing Lender City

PASCAGOULA

Servicing Lender State

MS

Servicing Lender Zip

39567-4215

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PASCAGOULA

Project County Name

JACKSON

Project State

MS

Project Zip

39568-0426

CD

MS-04

Jobs Reported

31

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

496186.00

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

39666

Originating Lender

Merchants & Marine Bank

Originating Lender City

PASCAGOULA

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

500307.10

Forgiveness Date

02/11/2021

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