PPP Loan information for Nelco electric inc.

$790,500

Nelco electric inc. was initially approved for PPP Loan of amount $790,500, the current approved amount is $790,500. The loan was approved on 01/28/2021 by The First Federal Bank of Wisconsin reported 35 jobs and $790,500 was used to fund payroll.

Nelco electric inc. is Existing or more than 2 years old

PPP Loan Search / WI / Germantown / Nelco electric inc.

NELCO ELECTRIC INC.

Date Approved

01/28/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

NELCO ELECTRIC INC.

Borrower Address

N115 W19395 Edison Drive

Borrower City

Germantown

Borrower State

WI

Borrower Zip

53022

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

790500.00

Current Approval Amount

790500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87126

Servicing Lender Name

First Federal Bank of Wisconsin

Servicing Lender Address

1617 E Racine Ave

Servicing Lender City

WAUKESHA

Servicing Lender State

WI

Servicing Lender Zip

53186-6832

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Germantown

Project County Name

WASHINGTON

Project State

WI

Project Zip

53022

CD

WI-05

Jobs Reported

35

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

790497.00

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

87126

Originating Lender

First Federal Bank of Wisconsin

Originating Lender City

WAUKESHA

Originating Lender State

WI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

794013.33

Forgiveness Date

07/16/2021

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