PPP Loan information for Nelsons inc.

$448,860

Nelsons inc. was initially approved for PPP Loan of amount $448,860, the current approved amount is $448,860. The loan was approved on 04/07/2020 by The Utah Independent Bank reported 52 jobs and $448,860 was used to fund payroll.

Nelsons inc. is Existing or more than 2 years old

NELSONS INC.

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

NELSONS INC.

Borrower Address

155 S 610 W

Borrower City

SALINA

Borrower State

UT

Borrower Zip

84654-0155

Loan Status Date

01/27/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

448860.34

Current Approval Amount

448860.34

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72566

Servicing Lender Name

Utah Independent Bank

Servicing Lender Address

55 S State St

Servicing Lender City

SALINA

Servicing Lender State

UT

Servicing Lender Zip

84654-1344

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALINA

Project County Name

SEVIER

Project State

UT

Project Zip

84654-0155

CD

UT-02

Jobs Reported

52

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

89772.07

Payroll Proceed

359088.27

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

Corporation

Originating Lender Location Id

72566

Originating Lender

Utah Independent Bank

Originating Lender City

SALINA

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

456229.13

Forgiveness Date

11/22/2021

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