PPP Loan information for Nelson masonry & concrete inc

$236,000

Nelson masonry & concrete inc was initially approved for PPP Loan of amount $236,000, the current approved amount is $236,000. The loan was approved on 04/29/2020 by The Bridgewater Bank reported 26 jobs and $236,000 was used to fund payroll.

Nelson masonry & concrete inc is Existing or more than 2 years old

NELSON MASONRY & CONCRETE INC

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NELSON MASONRY & CONCRETE INC

Borrower Address

1625 OLD AUDUBON RD

Borrower City

CHASKA

Borrower State

MN

Borrower Zip

55318-4550

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236000.00

Current Approval Amount

236000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436783

Servicing Lender Name

Bridgewater Bank

Servicing Lender Address

4450 Excelsior Blvd

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-5385

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHASKA

Project County Name

CARVER

Project State

MN

Project Zip

55318-4550

CD

MN-06

Jobs Reported

26

NAICS Code

238140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

236000.00

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

436783

Originating Lender

Bridgewater Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

237558.25

Forgiveness Date

01/08/2021

;