As part of the Paycheck Protection Program NEL CORPORATION was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NEL CORPORATION


Loan Amount	$1,710,952
BusinessName	NEL CORPORATION
Address	3 AJOOTIAN WAY
City	MIDDLETON
State	MA
Zip	1949
NAICSCode	237310
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	108
DateApproved	04/10/2020
Lender	Eastern Bank
CD	MA-06
BusinessName.clean	NEL

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NELSON DISTRIBUTING
APPLE CENTRAL KC
NELBUD SERVICES GROUP
APPLE CENTRAL
NELCO