PPP Loan information for Nielsen electric, inc.

$51,500

Nielsen electric, inc. was initially approved for PPP Loan of amount $51,500, the current approved amount is $51,500. The loan was approved on 04/08/2020 by The Bremer Bank, National Association reported 7 jobs and $51,500 was used to fund payroll.

Nielsen electric, inc. is Existing or more than 2 years old

NIELSEN ELECTRIC, INC.

Date Approved

04/08/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NIELSEN ELECTRIC, INC.

Borrower Address

710 Dakota Ave

Borrower City

WAHPETON

Borrower State

ND

Borrower Zip

58075-4315

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51500.00

Current Approval Amount

51500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAHPETON

Project County Name

RICHLAND

Project State

ND

Project Zip

58075-4315

CD

ND-

Jobs Reported

7

NAICS Code

443141

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51500.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52017.82

Forgiveness Date

04/19/2021

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