PPP Loan information for Nelson marine motor service, inc.

$156,800

Nelson marine motor service, inc. was initially approved for PPP Loan of amount $156,800, the current approved amount is $156,800. The loan was approved on 04/04/2020 by The First Resource Bank reported 15 jobs and $156,800 was used to fund payroll.

Nelson marine motor service, inc. is Existing or more than 2 years old

PPP Loan Search / MN / White Bear Lake / Nelson marine motor service, inc.

NELSON MARINE MOTOR SERVICE, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NELSON MARINE MOTOR SERVICE, INC.

Borrower Address

3800 Hwy 61 N

Borrower City

White Bear Lake

Borrower State

MN

Borrower Zip

55038

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156800.00

Current Approval Amount

156800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

White Bear Lake

Project County Name

WASHINGTON

Project State

MN

Project Zip

55038-0001

CD

MN-06

Jobs Reported

15

NAICS Code

441222

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125500.00

Mortgage Interest Proceed

0.00

Rent Proceed

26600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4700

Business Type

Subchapter S Corporation

Originating Lender Location Id

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

157706.43

Forgiveness Date

11/12/2020

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