PPP Loan information for The nelson paint company

$245,600

The nelson paint company was initially approved for PPP Loan of amount $245,600, the current approved amount is $245,600. The loan was approved on 04/09/2020 by The Range Bank reported 30 jobs and $245,600 was used to fund payroll.

The nelson paint company is Existing or more than 2 years old

THE NELSON PAINT COMPANY

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE NELSON PAINT COMPANY

Borrower Address

1 NELSON DR

Borrower City

KINGSFORD

Borrower State

MI

Borrower Zip

49802-4561

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245600.00

Current Approval Amount

245600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36168

Servicing Lender Name

Range Bank

Servicing Lender Address

100 N Front St

Servicing Lender City

MARQUETTE

Servicing Lender State

MI

Servicing Lender Zip

49855-4303

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINGSFORD

Project County Name

DICKINSON

Project State

MI

Project Zip

49802-4561

CD

MI-01

Jobs Reported

30

NAICS Code

325510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13780.00

Payroll Proceed

189984.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

41836.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36168

Originating Lender

Range Bank

Originating Lender City

MARQUETTE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

249206.62

Forgiveness Date

10/06/2021

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