PPP Loan information for Northwest electric

$46,100

Northwest electric was initially approved for PPP Loan of amount $46,100, the current approved amount is $46,100. The loan was approved on 04/14/2020 by The The Farmers and Merchants National Bank of Fairview reported 5 jobs and $46,100 was used to fund payroll.

Northwest electric is Existing or more than 2 years old

NORTHWEST ELECTRIC

Date Approved

04/14/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

NORTHWEST ELECTRIC

Borrower Address

508 FLYNN ST

Borrower City

ALVA

Borrower State

OK

Borrower Zip

73717-2240

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46100.00

Current Approval Amount

46100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58945

Servicing Lender Name

The Farmers and Merchants National Bank of Fairview

Servicing Lender Address

312 N Main

Servicing Lender City

FAIRVIEW

Servicing Lender State

OK

Servicing Lender Zip

73737-1625

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALVA

Project County Name

WOODS

Project State

OK

Project Zip

73717-2240

CD

OK-03

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46100.00

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

Sole Proprietorship

Originating Lender Location Id

58945

Originating Lender

The Farmers and Merchants National Bank of Fairview

Originating Lender City

FAIRVIEW

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46368.92

Forgiveness Date

11/20/2020

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