PPP Loan information for Michael nelson

$20,832

Michael nelson was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 03/20/2021 by The Deerwood Bank reported 1 jobs and $20,832 was used to fund payroll.

Michael nelson is Existing or more than 2 years old

MICHAEL NELSON

Date Approved

03/20/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MICHAEL NELSON

Borrower Address

6930 Glory Rd

Borrower City

Baxter

Borrower State

MN

Borrower Zip

56425-8406

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Baxter

Project County Name

CROW WING

Project State

MN

Project Zip

56425-8406

CD

MN-08

Jobs Reported

1

NAICS Code

541611

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20828.00

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

Sole Proprietorship

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20884.66

Forgiveness Date

06/25/2021

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