NW ELECTRIC, INC. (AK) - 2020 PPP Loan Borrower Profile (# 4488187003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to NW ELECTRIC, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alaska.

Loan Detail

Loan Number

4488187003

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$282,342

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$285,915.75

Date Loan was Forgiven

Jul 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

282,342

Lender

Northrim Bank

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

KOTZEBUE, AK

Project Location

KOTZEBUE, AK

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.