PPP Loan information for Northwest electric corp

$25,000

Northwest electric corp was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 03/03/2021 by The Coastal Community Bank reported 2 jobs and $25,000 was used to fund payroll.

Northwest electric corp is Existing or more than 2 years old

NORTHWEST ELECTRIC CORP

Date Approved

03/03/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

NORTHWEST ELECTRIC CORP

Borrower Address

524 N Olympic Ave Unit 250

Borrower City

Arlington

Borrower State

WA

Borrower Zip

98223-0610

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121424

Servicing Lender Name

Coastal Community Bank

Servicing Lender Address

5415 Evergreen Way

Servicing Lender City

EVERETT

Servicing Lender State

WA

Servicing Lender Zip

98203-3646

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98223-0610

CD

WA-01

Jobs Reported

2

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

24998.00

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

121424

Originating Lender

Coastal Community Bank

Originating Lender City

EVERETT

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25081.51

Forgiveness Date

07/02/2021

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