PPP Loan information for Nelson group construction corp

$50,000

Nelson group construction corp was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/14/2020 by The East Cambridge Savings Bank reported 6 jobs and $50,000 was used to fund payroll.

Nelson group construction corp is Existing or more than 2 years old

PPP Loan Search / MA / MEDFORD / Nelson group construction corp

NELSON GROUP CONSTRUCTION CORP

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NELSON GROUP CONSTRUCTION CORP

Borrower Address

264 SALEM ST

Borrower City

MEDFORD

Borrower State

MA

Borrower Zip

02155-3390

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32730

Servicing Lender Name

East Cambridge Savings Bank

Servicing Lender Address

292 Cambridge St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02141-1203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEDFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02155-3390

CD

MA-05

Jobs Reported

6

NAICS Code

236116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

Corporation

Originating Lender Location Id

32730

Originating Lender

East Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

50361.64

Forgiveness Date

01/14/2021

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