PPP Loan information for North american electric inc

$1,117,468

North american electric inc was initially approved for PPP Loan of amount $1,117,468, the current approved amount is $1,117,468. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 75 jobs and $1,117,468 was used to fund payroll.

North american electric inc is New Business or 2 years or less

PPP Loan Search / MD / MIDDLE RIVER / North american electric inc

NORTH AMERICAN ELECTRIC INC

Date Approved

05/03/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NORTH AMERICAN ELECTRIC INC

Borrower Address

474 CHESAPEAKE PARK PLZ

Borrower City

MIDDLE RIVER

Borrower State

MD

Borrower Zip

21220-4216

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1117468.00

Current Approval Amount

1117468.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MIDDLE RIVER

Project County Name

BALTIMORE

Project State

MD

Project Zip

21220-4216

CD

MD-02

Jobs Reported

75

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1117468.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1126713.90

Forgiveness Date

03/10/2021

;