NORTHWEST ELECTRIC MOTOR CO

PPP loan information & details

Business Information

Historical loan information does not establish current debt or wrongdoing. Missing values are shown as “Not reported”; recorded zeros remain zero. SBA source and field definitions.

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Business NORTHWEST ELECTRIC MOTOR CO
Business Type Subchapter S Corporation
Business Category Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Business Address 3917 25th Ave
Schiller Park IL 60176-2117
Jobs Retained 9
Loan Amount $111,100
Forgiveness Amount $111,958

Amount recorded as forgiven in the source. Do not subtract it from the approved amount to infer a current balance.

Loan Status Paid in Full

The source records this loan as paid in full. This status alone does not distinguish repayment from forgiveness.

Status date: Mar 18, 2022

Date Approved 04/23/2021
Lender Bank of America, National Association
100 N Tryon St, Ste 170
CHARLOTTE NC 28202-4024
Ethnicity Owned White
Gender of Owner Male Owned
Is Owner a Veteran? Non-Veteran