Northwest Electrical Contracting, Inc.

$1,011,500 PPP Loan in Sylvania, Ohio

Loan Details

Loan Number
3270527110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,011,500
Current Approval
$1,011,500
Forgiveness Amount
$1,019,065
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northwest Electrical Contracting, Inc.
Address
3149 Centennial Rd
State
Ohio
ZIP Code
43560-9689
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$21.1M
Rural/Urban
Urban
Congressional District
OH-09

Loan Use Breakdown

Payroll
$758,625
Utilities
$50,000
Health Care
$187,875
Mortgage Interest
$15,000

Lender Information

Servicing Lender
Signature Bank, National Association
Originating Lender
Signature Bank, National Association

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