PPP Loan information for Northern electric inc

$48,505

Northern electric inc was initially approved for PPP Loan of amount $48,505, the current approved amount is $48,505. The loan was approved on 05/13/2020 by The Haven Savings Bank reported 4 jobs and $48,505 was used to fund payroll.

Northern electric inc is Existing or more than 2 years old

PPP Loan Search / NJ / DEMAREST / Northern electric inc

NORTHERN ELECTRIC INC

Date Approved

05/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NORTHERN ELECTRIC INC

Borrower Address

59 FOREST RD

Borrower City

DEMAREST

Borrower State

NJ

Borrower Zip

07627-1206

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48505.00

Current Approval Amount

48505.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85714

Servicing Lender Name

Haven Savings Bank

Servicing Lender Address

621 Washington St

Servicing Lender City

HOBOKEN

Servicing Lender State

NJ

Servicing Lender Zip

07030-4907

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEMAREST

Project County Name

BERGEN

Project State

NJ

Project Zip

07627-1206

CD

NJ-05

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48505.00

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

Subchapter S Corporation

Originating Lender Location Id

85714

Originating Lender

Haven Savings Bank

Originating Lender City

HOBOKEN

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48814.89

Forgiveness Date

01/07/2021

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