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Northern Electric INC

$62,187 PPP Loan in Ashland, Maine

Loan Details

Loan Number
3696727206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$62,187
Current Approval
$62,187
Forgiveness Amount
$62,951
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northern Electric INC
Address
101 Main St
City
Ashland
State
Maine
ZIP Code
04732
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$46,640
Utilities
$7,773
Mortgage Interest
$7,774

Lender Information

Servicing Lender
Norstate Fcu
Originating Lender
Norstate Fcu

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