Northeast Electronics Corp

$600,000 PPP Loan in Milford, Connecticut

Loan Details

Loan Number
2403838704
Date Approved
Mar 28, 2021
Loan Status
Paid in Full
Initial Approval
$600,000
Current Approval
$600,000
Forgiveness Amount
$603,699
Forgiveness Date
Nov 10, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Northeast Electronics Corp
Address
455 Bic Dr
ZIP Code
06461-1735
Business Type
Corporation
Industry (NAICS)
Manufacturing (334419)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$19.6M
Rural/Urban
Urban
Congressional District
CT-03

Loan Use Breakdown

Payroll
$599,996
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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