As part of the Paycheck Protection Program NEI ELECTRIC INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NEI ELECTRIC INC


Loan Amount	$3,424,200
BusinessName	NEI ELECTRIC INC
Address	4815 WHITE BEAR PKWY
City	SAINT PAUL
State	MN
Zip	55110
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	White
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	137
DateApproved	04/03/2020
Lender	Frandsen Bank & Trust
CD	MN-04
BusinessName.clean	NEI ELECTRIC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NEI GENERAL CONTRACTING
NEIGBORHOOD LOANS
NEIGHBORHOOD ASSISTANCE OF AMERICA
NEIGHBORHOOD ASSOCIATION FOR INTERCULTURAL AFFAIRS
NEIGHBORHOOD DEFENDER SERVICE