PPP Loan information for Northwest electrical contracting, inc.

$1,011,500

Northwest electrical contracting, inc. was initially approved for PPP Loan of amount $1,011,500, the current approved amount is $1,011,500. The loan was approved on 04/11/2020 by The Signature Bank, National Association reported 64 jobs and $1,011,500 was used to fund payroll.

Northwest electrical contracting, inc. is Existing or more than 2 years old

PPP Loan Search / OH / SYLVANIA / Northwest electrical contracting, inc.

NORTHWEST ELECTRICAL CONTRACTING, INC.

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

NORTHWEST ELECTRICAL CONTRACTING, INC.

Borrower Address

3149 CENTENNIAL RD

Borrower City

SYLVANIA

Borrower State

OH

Borrower Zip

43560-9689

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1011500.00

Current Approval Amount

1011500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SYLVANIA

Project County Name

LUCAS

Project State

OH

Project Zip

43560-9689

CD

OH-09

Jobs Reported

64

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

758625.00

Mortgage Interest Proceed

15000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

187875.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1019065.47

Forgiveness Date

01/20/2021

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