PPP Loan information for Nelson electric company, l.c.

$551,200

Nelson electric company, l.c. was initially approved for PPP Loan of amount $551,200, the current approved amount is $551,200. The loan was approved on 04/07/2020 by The First National Bank Ames, Iowa reported 55 jobs and $551,200 was used to fund payroll.

Nelson electric company, l.c. is Existing or more than 2 years old

PPP Loan Search / IA / AMES / Nelson electric company, l.c.

NELSON ELECTRIC COMPANY, L.C.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NELSON ELECTRIC COMPANY, L.C.

Borrower Address

239 BELL AVE

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-7706

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

551200.00

Current Approval Amount

551200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24544

Servicing Lender Name

First National Bank Ames, Iowa

Servicing Lender Address

405 5th St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-6103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-7706

CD

IA-04

Jobs Reported

55

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

551200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24544

Originating Lender

First National Bank Ames, Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

555534.09

Forgiveness Date

01/25/2021

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