Nel Frequency Controls Inc.

$508,020 PPP Loan in Burlington, Wisconsin

Loan Details

Loan Number
2156438301
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$508,020
Current Approval
$508,020
Forgiveness Amount
$510,391
Forgiveness Date
Jul 8, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Nel Frequency Controls Inc.
Address
357 Beloit St
ZIP Code
53105-2053
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334419)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
WI-01

Loan Use Breakdown

Payroll
$508,018
Utilities
$1

Lender Information

Servicing Lender
Old National Bank
Originating Lender
First Midwest Bank, a Division of Old National Bank

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