Date Approved
01/27/2021
SBA Office Code
0562
Processing Method
PPS
Borrower Name
NATIONAL ELECTRIC LLC
Borrower Address
25487 State Road 2
Borrower City
South Bend
Borrower State
IN
Borrower Zip
46619-4806
Loan Status Date
10/21/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
636400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24195
Servicing Lender Name
1st Source Bank
Servicing Lender Address
100 N Michigan St
Servicing Lender City
SOUTH BEND
Servicing Lender State
Servicing Lender Zip
46601-1630
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ST JOSEPH
Project State
Project Zip
CD
IN-02
Jobs Reported
31
NAICS Code
238210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
636398.00
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
640342.14
Forgiveness Date
09/09/2021