PPP Loan information for Nelson cable inc

$143,064

Nelson cable inc was initially approved for PPP Loan of amount $143,064, the current approved amount is $143,064. The loan was approved on 04/28/2020 by The Atlantic Union Bank reported 18 jobs and $143,064 was used to fund payroll.

Nelson cable inc is Existing or more than 2 years old

NELSON CABLE INC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NELSON CABLE INC

Borrower Address

380 Front Street

Borrower City

Lovingston

Borrower State

VA

Borrower Zip

22949

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143064.00

Current Approval Amount

143064.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lovingston

Project County Name

NELSON

Project State

VA

Project Zip

22949-0001

CD

VA-05

Jobs Reported

18

NAICS Code

515210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

143064.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

144395.29

Forgiveness Date

04/06/2021

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