PPP Loan information for Nels pederson co., inc

$96,500

Nels pederson co., inc was initially approved for PPP Loan of amount $96,500, the current approved amount is $96,500. The loan was approved on 04/09/2020 by The First State Bank reported 3 jobs and $96,500 was used to fund payroll.

Nels pederson co., inc is Existing or more than 2 years old

PPP Loan Search / IA / BADGER / Nels pederson co., inc

NELS PEDERSON CO., INC

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NELS PEDERSON CO., INC

Borrower Address

19 1ST AVE SW

Borrower City

BADGER

Borrower State

IA

Borrower Zip

50516-7710

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96500.00

Current Approval Amount

96500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25569

Servicing Lender Name

First State Bank

Servicing Lender Address

505 Second St

Servicing Lender City

WEBSTER CITY

Servicing Lender State

IA

Servicing Lender Zip

50595-1507

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BADGER

Project County Name

WEBSTER

Project State

IA

Project Zip

50516-7710

CD

IA-04

Jobs Reported

3

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

96500.00

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

Subchapter S Corporation

Originating Lender Location Id

25569

Originating Lender

First State Bank

Originating Lender City

WEBSTER CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97197.97

Forgiveness Date

01/07/2021

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