Date Approved
04/27/2020
SBA Office Code
0172
Processing Method
PPP
Borrower Name
NORTHERN ELECTRIC INC
Borrower Address
101 Main St
Borrower City
ASHLAND
Borrower State
ME
Borrower Zip
04732
Loan Status Date
07/29/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
62187.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
97902
Servicing Lender Name
NorState FCU
Servicing Lender Address
78 Fox St
Servicing Lender City
MADAWASKA
Servicing Lender State
Servicing Lender Zip
04756-1352
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
AROOSTOOK
Project State
Project Zip
04732-0001
CD
ME-02
Jobs Reported
5
NAICS Code
238210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
7773.00
Payroll Proceed
46640.00
Mortgage Interest Proceed
7774.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
62950.52
Forgiveness Date
07/15/2021