PPP Loan information for Northwestern electric inc.

$86,640

Northwestern electric inc. was initially approved for PPP Loan of amount $86,640, the current approved amount is $86,640. The loan was approved on 05/04/2020 by The Gate City Bank reported 8 jobs and $86,640 was used to fund payroll.

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

PPP Loan Search / ND / MINOT / Northwestern electric inc.

NORTHWESTERN ELECTRIC INC.

Date Approved

05/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NORTHWESTERN ELECTRIC INC.

Borrower Address

1314 1st St SW

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58701

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86640.00

Current Approval Amount

86640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77898

Servicing Lender Name

Gate City Bank

Servicing Lender Address

500 2nd Ave N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4864

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58701-1200

CD

ND-

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86640.00

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

77898

Originating Lender

Gate City Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79127.13

Forgiveness Date

12/28/2020

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