Date Approved
02/10/2021
SBA Office Code
1084
Processing Method
PPS
Borrower Name
NW ELECTRIC INC
Borrower Address
423 6TH AVE
Borrower City
KOTZEBUE
Borrower State
AK
Borrower Zip
99752
Loan Status Date
08/06/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
325501.37
Current Approval Amount
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
Servicing Lender Zip
99503
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NORTHWEST ARCTIC
Project State
Project Zip
CD
AK-
Jobs Reported
27
NAICS Code
238210
Race
American Indian or Alaska Native
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
325496.37
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
330138.65
Forgiveness Date
07/25/2022