PPP Loan information for Nw electric, inc.

$282,342

Nw electric, inc. was initially approved for PPP Loan of amount $281,000, the current approved amount is $282,342. The loan was approved on 04/03/2020 by The Northrim Bank reported 34 jobs and $282,342 was used to fund payroll.

Nw electric, inc. is Existing or more than 2 years old

PPP Loan Search / AK / KOTZEBUE / Nw electric, inc.

NW ELECTRIC, INC.

Date Approved

04/03/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

NW ELECTRIC, INC.

Borrower Address

23 6th Ave

Borrower City

KOTZEBUE

Borrower State

AK

Borrower Zip

99752-0041

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281000.00

Current Approval Amount

282342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116975

Servicing Lender Name

Northrim Bank

Servicing Lender Address

3111 'C' St

Servicing Lender City

ANCHORAGE

Servicing Lender State

AK

Servicing Lender Zip

99503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KOTZEBUE

Project County Name

NORTHWEST ARCTIC

Project State

AK

Project Zip

99752-0041

CD

AK-

Jobs Reported

34

NAICS Code

238210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

282342.00

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

116975

Originating Lender

Northrim Bank

Originating Lender City

ANCHORAGE

Originating Lender State

AK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

285915.75

Forgiveness Date

07/22/2021

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