As part of the Paycheck Protection Program NEP ELECTRONICS, 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.

NEP ELECTRONICS, INC


Loan Amount	$1,169,000
BusinessName	NEP ELECTRONICS, INC
Address	805 MITTEL DR
City	WOOD DALE
State	IL
Zip	60191
NAICSCode	423690
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	108
DateApproved	04/08/2020
Lender	Cornerstone National Bank & Trust Company
CD	IL-08
BusinessName.clean	NEP ELECTRONICS

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.

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