PPP Loan information for Nelson auto center inc.

$1,027,605

Nelson auto center inc. was initially approved for PPP Loan of amount $1,027,605, the current approved amount is $1,027,605. The loan was approved on 01/23/2021 by The Bell Bank reported 80 jobs and $1,027,605 was used to fund payroll.

Nelson auto center inc. is Existing or more than 2 years old

PPP Loan Search / MN / Fergus Falls / Nelson auto center inc.

NELSON AUTO CENTER INC.

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NELSON AUTO CENTER INC.

Borrower Address

2228 College Way

Borrower City

Fergus Falls

Borrower State

MN

Borrower Zip

56537-1062

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1027605.00

Current Approval Amount

1027605.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fergus Falls

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-1062

CD

MN-07

Jobs Reported

80

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1027601.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1038422.39

Forgiveness Date

02/15/2022

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