PPP Loan information for Nel financial

$312,243

Nel financial was initially approved for PPP Loan of amount $312,243, the current approved amount is $312,243. The loan was approved on 04/10/2020 by The The Huntington National Bank reported 12 jobs and $312,243 was used to fund payroll.

Nel financial is Existing or more than 2 years old

NEL FINANCIAL

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEL FINANCIAL

Borrower Address

2880 Thornhills Ave SE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49546-7141

Loan Status Date

02/16/2023

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312242.50

Current Approval Amount

312242.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49546-7141

CD

MI-03

Jobs Reported

12

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

312242.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

212890.85

Forgiveness Date

12/08/2022

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