# PPP loan: NORTHLAND ELECTRICAL SERVICES, LLC
> **$1.47M** approved 04/03/2020 · Paid in Full · Loan `4586617005`
## Borrower
- **Name:** NORTHLAND ELECTRICAL SERVICES, LLC
- **Address:** 1705 ORVILLE DR, NEW LONDON, WI, 54961-9219
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $1.48M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Rent:** $187K
- **Utilities:** $40K
- **Jobs reported:** 108
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*