PPP Loan information for Nelsons inc

$450,000

Nelsons inc was initially approved for PPP Loan of amount $450,000, the current approved amount is $450,000. The loan was approved on 04/10/2020 by The 1st Source Bank reported 112 jobs and $450,000 was used to fund payroll.

Nelsons inc is Existing or more than 2 years old

PPP Loan Search / IN / WAKARUSA / Nelsons inc

NELSONS INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

NELSONS INC

Borrower Address

607 Nelsons Parkway

Borrower City

WAKARUSA

Borrower State

IN

Borrower Zip

46573-9580

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450000.00

Current Approval Amount

450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAKARUSA

Project County Name

ELKHART

Project State

IN

Project Zip

46573-9580

CD

IN-02

Jobs Reported

112

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

450000.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

452487.50

Forgiveness Date

11/03/2020

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