PPP Loan information for Nelms electric service inc

$72,870

Nelms electric service inc was initially approved for PPP Loan of amount $72,870, the current approved amount is $72,870. The loan was approved on 04/07/2020 by The Benchmark Community Bank reported 8 jobs and $72,870 was used to fund payroll.

Nelms electric service inc is Existing or more than 2 years old

PPP Loan Search / NC / OXFORD / Nelms electric service inc

NELMS ELECTRIC SERVICE INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NELMS ELECTRIC SERVICE INC

Borrower Address

210 W INDUSTRY DR

Borrower City

OXFORD

Borrower State

NC

Borrower Zip

27565-3561

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72869.60

Current Approval Amount

72869.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

GRANVILLE

Project State

NC

Project Zip

27565-3561

CD

NC-04

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9108.70

Payroll Proceed

54652.20

Mortgage Interest Proceed

0.00

Rent Proceed

9108.70

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

73356.73

Forgiveness Date

12/16/2020

;