As part of the Paycheck Protection Program NORTH 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.

NORTH ELECTRIC, INC


Loan Amount	$1,037,700
BusinessName	NORTH ELECTRIC, INC
Address	12117 BENNINGTON AVE., SUITE 200
City	CLEVELAND
State	OH
Zip	44135
NAICSCode	561499
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	0
DateApproved	04/09/2020
Lender	First National Bank of Pennsylvania
CD	OH-09
BusinessName.clean	NORTH 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

NORTH END COMMUNITY HEALTH COMMITTEE
NORTH END COMPOSITES
NORTH FERRY CO
NORTH FLORIDA BUILDING MAINTENANCE
NORTH FLORIDA FOODS