PPP Loan information for T&l nelson electric, inc

$99,170

T&l nelson electric, inc was initially approved for PPP Loan of amount $99,170, the current approved amount is $99,170. The loan was approved on 04/09/2020 by The Community Bank and Trust Company reported 8 jobs and $99,170 was used to fund payroll.

T&l nelson electric, inc is Existing or more than 2 years old

T&L NELSON ELECTRIC, INC

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

T&L NELSON ELECTRIC, INC

Borrower Address

703 CLAY ST

Borrower City

MUSCATINE

Borrower State

IA

Borrower Zip

52761-4621

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99170.12

Current Approval Amount

99170.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25290

Servicing Lender Name

Community Bank and Trust Company

Servicing Lender Address

2609 2nd Ave

Servicing Lender City

MUSCATINE

Servicing Lender State

IA

Servicing Lender Zip

52761-5681

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCATINE

Project County Name

MUSCATINE

Project State

IA

Project Zip

52761-4621

CD

IA-01

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1370.00

Payroll Proceed

90000.12

Mortgage Interest Proceed

0.00

Rent Proceed

7800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25290

Originating Lender

Community Bank and Trust Company

Originating Lender City

MUSCATINE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99968.99

Forgiveness Date

02/02/2021

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