PPP Loan information for Nelson tire & auto inc.

$68,750

Nelson tire & auto inc. was initially approved for PPP Loan of amount $68,750, the current approved amount is $68,750. The loan was approved on 04/08/2020 by The First Security Bank & Trust Company reported 4 jobs and $68,750 was used to fund payroll.

Nelson tire & auto inc. is Existing or more than 2 years old

PPP Loan Search / IA / CHARLES CITY / Nelson tire & auto inc.

NELSON TIRE & AUTO INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NELSON TIRE & AUTO INC.

Borrower Address

1300 GILBERT ST

Borrower City

CHARLES CITY

Borrower State

IA

Borrower Zip

50616-1630

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68750.00

Current Approval Amount

68750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24745

Servicing Lender Name

First Security Bank & Trust Company

Servicing Lender Address

809 Clark St

Servicing Lender City

CHARLES CITY

Servicing Lender State

IA

Servicing Lender Zip

50616-2217

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLES CITY

Project County Name

FLOYD

Project State

IA

Project Zip

50616-1630

CD

IA-02

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4583.33

Payroll Proceed

55000.00

Mortgage Interest Proceed

4583.33

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4583.34

Business Type

Corporation

Originating Lender Location Id

24745

Originating Lender

First Security Bank & Trust Company

Originating Lender City

CHARLES CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

69278.99

Forgiveness Date

01/20/2021

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