# PPP loan: ELECTROLINE DATA COMMUNICATIONS, INC.
> **$848K** approved 04/05/2020 · Paid in Full · Loan `5203387006`
## Borrower
- **Name:** ELECTROLINE DATA COMMUNICATIONS, INC.
- **Address:** N779 Communication Drive, APPLETON, WI, 54913-8592
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $848K
- **Initial approval:** $848K
- **Forgiven:** $854K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $679K
- **Utilities:** $169K
- **Jobs reported:** 51
## 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*