PPP Loan information for National electrostatics corp.

$1,167,000

National electrostatics corp. was initially approved for PPP Loan of amount $1,167,000, the current approved amount is $1,167,000. The loan was approved on 04/13/2020 by The Johnson Bank reported 79 jobs and $1,167,000 was used to fund payroll.

National electrostatics corp. is Existing or more than 2 years old

NATIONAL ELECTROSTATICS CORP.

Date Approved

04/13/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

NATIONAL ELECTROSTATICS CORP.

Borrower Address

7540 GRABER RD

Borrower City

MIDDLETON

Borrower State

WI

Borrower Zip

53562-1002

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1167000.00

Current Approval Amount

1167000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDDLETON

Project County Name

DANE

Project State

WI

Project Zip

53562-1002

CD

WI-02

Jobs Reported

79

NAICS Code

334516

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

291750.00

Payroll Proceed

875250.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1173266.63

Forgiveness Date

11/03/2020

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