PPP Loan information for Northern electric inc.

$712,000

Northern electric inc. was initially approved for PPP Loan of amount $710,000, the current approved amount is $712,000. The loan was approved on 04/05/2020 by The Nicolet National Bank reported 43 jobs and $712,000 was used to fund payroll.

Northern electric inc. is Existing or more than 2 years old

PPP Loan Search / WI / GREEN BAY / Northern electric inc.

NORTHERN ELECTRIC INC.

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

NORTHERN ELECTRIC INC.

Borrower Address

314 N Danz Ave

Borrower City

GREEN BAY

Borrower State

WI

Borrower Zip

54302-3526

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

710000.00

Current Approval Amount

712000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203327

Servicing Lender Name

Nicolet National Bank

Servicing Lender Address

111 N Washington St

Servicing Lender City

GREEN BAY

Servicing Lender State

WI

Servicing Lender Zip

54301-4255

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREEN BAY

Project County Name

BROWN

Project State

WI

Project Zip

54302-3526

CD

WI-08

Jobs Reported

43

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

42000.00

Payroll Proceed

570000.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

203327

Originating Lender

Nicolet National Bank

Originating Lender City

GREEN BAY

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

716113.78

Forgiveness Date

11/12/2020

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