# PPP loan: NORTHEAST ELECTRICAL INC.
> **$295K** approved 01/27/2021 · Paid in Full · Loan `6463938307`
## Borrower
- **Name:** NORTHEAST ELECTRICAL INC.
- **Address:** 1 North Ave Ste A, Burlington, MA, 01803-3313
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $295K
- **Jobs reported:** 18
## Lender
- **Originating:** Northern Bank and Trust Company
- **Servicing:** Northern Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*