PPP Loan information for Nels holdings inc

$2,339,100

Nels holdings inc was initially approved for PPP Loan of amount $2,339,100, the current approved amount is $2,339,100. The loan was approved on 04/05/2020 by The Cambridge Savings Bank reported 249 jobs and $2,339,100 was used to fund payroll.

Nels holdings inc is Existing or more than 2 years old

PPP Loan Search / NJ / LINDEN / Nels holdings inc

NELS HOLDINGS INC

Date Approved

04/05/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NELS HOLDINGS INC

Borrower Address

2400 East Linden

Borrower City

LINDEN

Borrower State

NJ

Borrower Zip

07036-1100

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2339100.00

Current Approval Amount

2339100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LINDEN

Project County Name

UNION

Project State

NJ

Project Zip

07036-1100

CD

NJ-10

Jobs Reported

249

NAICS Code

812331

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

584775.00

Payroll Proceed

1754325.00

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

Corporation

Originating Lender Location Id

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2166671.80

Forgiveness Date

11/19/2021

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