PPP Loan information for Nelco electric, inc.

$798,300

Nelco electric, inc. was initially approved for PPP Loan of amount $798,300, the current approved amount is $798,300. The loan was approved on 04/07/2020 by The First Federal Bank of Wisconsin reported 42 jobs and $798,300 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

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

NELCO ELECTRIC, INC.

Borrower Address

N115 W19395 Edison Drive

Borrower City

GERMANTOWN

Borrower State

WI

Borrower Zip

53022

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

798300.00

Current Approval Amount

798300.00

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

53022-0001

CD

WI-05

Jobs Reported

42

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

798300.00

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

802757.17

Forgiveness Date

11/03/2020

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