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Nep Electronics, Inc.

$1,169,000 PPP Loan in Wood Dale, Illinois

Loan Details

Loan Number
8422297007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,169,000
Current Approval
$1,169,000
Forgiveness Amount
$1,176,241
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Nep Electronics, Inc.
Address
805 Mittel Dr
City
Wood Dale
State
Illinois
ZIP Code
60191-1118
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
108
Estimated Revenue
$33.1M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$935,200
Rent
$116,900
Utilities
$58,450
Debt Interest
$58,450

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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