PPP Loan information for Northern electric of durham, inc.

$112,670

Northern electric of durham, inc. was initially approved for PPP Loan of amount $112,670, the current approved amount is $112,670. The loan was approved on 04/29/2020 by The First Federal Bank reported 12 jobs and $112,670 was used to fund payroll.

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

PPP Loan Search / NC / Durham / Northern electric of durham, inc.

NORTHERN ELECTRIC OF DURHAM, INC.

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NORTHERN ELECTRIC OF DURHAM, INC.

Borrower Address

1611 Camden Avenue

Borrower City

Durham

Borrower State

NC

Borrower Zip

27704

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112670.00

Current Approval Amount

112670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88615

Servicing Lender Name

First Federal Bank

Servicing Lender Address

200 E Divine St

Servicing Lender City

DUNN

Servicing Lender State

NC

Servicing Lender Zip

28334-5306

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27704-0001

CD

NC-04

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112670.00

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

88615

Originating Lender

First Federal Bank

Originating Lender City

DUNN

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113652.73

Forgiveness Date

03/17/2021

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