PPP Loan information for Northeast electronics corp

$600,000

Northeast electronics corp was initially approved for PPP Loan of amount $600,000, the current approved amount is $600,000. The loan was approved on 03/28/2021 by The Bank of America, National Association reported 75 jobs and $600,000 was used to fund payroll.

Northeast electronics corp is Existing or more than 2 years old

PPP Loan Search / CT / Milford / Northeast electronics corp

NORTHEAST ELECTRONICS CORP

Date Approved

03/28/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

NORTHEAST ELECTRONICS CORP

Borrower Address

455 Bic Dr

Borrower City

Milford

Borrower State

CT

Borrower Zip

06461-1735

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

600000.00

Current Approval Amount

600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milford

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06461-1735

CD

CT-03

Jobs Reported

75

NAICS Code

334419

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

599996.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

603698.63

Forgiveness Date

11/10/2021

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