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

$81,200

Nelson's electric inc of ortonville minnesota was initially approved for PPP Loan of amount $81,200, the current approved amount is $81,200. The loan was approved on 04/15/2020 by The Minnwest Bank reported 8 jobs and $81,200 was used to fund payroll.

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

PPP Loan Search / MN / ORTONVILLE / Nelson's electric inc of ortonville minnesota

NELSON'S ELECTRIC INC OF ORTONVILLE MINNESOTA

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NELSON'S ELECTRIC INC OF ORTONVILLE MINNESOTA

Borrower Address

859 MAPLE AVE

Borrower City

ORTONVILLE

Borrower State

MN

Borrower Zip

56278-4083

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81200.00

Current Approval Amount

81200.00

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

81200.00

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

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

81667.18

Forgiveness Date

11/19/2020

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