PPP Loan information for Nelson's electric inc. of ortonville

$90,918

Nelson's electric inc. of ortonville was initially approved for PPP Loan of amount $90,918, the current approved amount is $90,918. The loan was approved on 02/12/2021 by The Minnwest Bank reported 8 jobs and $90,918 was used to fund payroll.

Nelson's electric inc. of ortonville is Existing or more than 2 years old

PPP Loan Search / MN / Ortonville / Nelson's electric inc. of ortonville

NELSON'S ELECTRIC INC. OF ORTONVILLE

Date Approved

02/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NELSON'S ELECTRIC INC. OF ORTONVILLE

Borrower Address

859 Maple Ave

Borrower City

Ortonville

Borrower State

MN

Borrower Zip

56278-4083

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90917.50

Current Approval Amount

90917.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ortonville

Project County Name

BIG STONE

Project State

MN

Project Zip

56278-4083

CD

MN-07

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90917.50

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91213.92

Forgiveness Date

06/15/2021

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