# PPP loan: NATIONAL ELECTROSTATICS CORP.
> **$1.17M** approved 01/23/2021 · Paid in Full · Loan `4549068308`
## Borrower
- **Name:** NATIONAL ELECTROSTATICS CORP.
- **Address:** 7540 Graber Rd, Middleton, WI, 53562-1002
- **NAICS:** 334516
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.17M
- **Jobs reported:** 79
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*