PPP Loan information for Nelco products inc

$740,100

Nelco products inc was initially approved for PPP Loan of amount $740,100, the current approved amount is $740,100. The loan was approved on 04/16/2020 by The Citizens Bank, National Association reported 38 jobs and $740,100 was used to fund payroll.

Nelco products inc is Existing or more than 2 years old

PPP Loan Search / MA / PEMBROKE / Nelco products inc

NELCO PRODUCTS INC

Date Approved

04/16/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NELCO PRODUCTS INC

Borrower Address

22 RIVERSIDE DR

Borrower City

PEMBROKE

Borrower State

MA

Borrower Zip

02359

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

740100.00

Current Approval Amount

740100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEMBROKE

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02359-0001

CD

MA-09

Jobs Reported

38

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

740100.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

744378.39

Forgiveness Date

11/23/2020

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