PPP Loan information for Nel frequency controls, inc.

$508,020

Nel frequency controls, inc. was initially approved for PPP Loan of amount $508,020, the current approved amount is $508,020. The loan was approved on 04/09/2020 by The Old National Bank reported 52 jobs and $508,020 was used to fund payroll.

Nel frequency controls, inc. is Existing or more than 2 years old

PPP Loan Search / WI / Burlington / Nel frequency controls, inc.

NEL FREQUENCY CONTROLS, INC.

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

NEL FREQUENCY CONTROLS, INC.

Borrower Address

357 Beloit St

Borrower City

Burlington

Borrower State

WI

Borrower Zip

53105-2053

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

508020.00

Current Approval Amount

508020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

RACINE

Project State

WI

Project Zip

53105-2053

CD

WI-01

Jobs Reported

52

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

508020.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

510785.89

Forgiveness Date

11/03/2020

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