PPP Loan information for Northern electric of durham inc.

$112,137

Northern electric of durham inc. was initially approved for PPP Loan of amount $112,137, the current approved amount is $112,137. The loan was approved on 02/24/2021 by The First Federal Bank reported 11 jobs and $112,137 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

02/24/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

NORTHERN ELECTRIC OF DURHAM INC.

Borrower Address

1611 Camden Ave

Borrower City

Durham

Borrower State

NC

Borrower Zip

27704-4611

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112137.00

Current Approval Amount

112137.00

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

27704-4611

CD

NC-04

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112137.00

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

112996.72

Forgiveness Date

12/07/2021

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