PPP Loan information for Nelsons inc

$692,000

Nelsons inc was initially approved for PPP Loan of amount $692,000, the current approved amount is $692,000. The loan was approved on 01/21/2021 by The 1st Source Bank reported 143 jobs and $692,000 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

01/21/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

NELSONS INC

Borrower Address

607 Nelsons Pkwy

Borrower City

Wakarusa

Borrower State

IN

Borrower Zip

46573-9580

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

692000.00

Current Approval Amount

692000.00

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

143

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

691998.00

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

700823.00

Forgiveness Date

05/09/2022

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