PPP Loan information for Nevelex corporation

$666,035

Nevelex corporation was initially approved for PPP Loan of amount $666,035, the current approved amount is $666,035. The loan was approved on 03/09/2021 by The U.S. Bank, National Association reported 17 jobs and $666,035 was used to fund payroll.

Nevelex corporation is Existing or more than 2 years old

PPP Loan Search / MN / Bloomington / Nevelex corporation

NEVELEX CORPORATION

Date Approved

03/09/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NEVELEX CORPORATION

Borrower Address

2950 Metro Dr Ste 104

Borrower City

Bloomington

Borrower State

MN

Borrower Zip

55425-4500

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

666035.00

Current Approval Amount

666035.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

HENNEPIN

Project State

MN

Project Zip

55425-4500

CD

MN-03

Jobs Reported

17

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

666033.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

635365.50

Forgiveness Date

11/26/2021

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