PPP Loan information for Nelson mechanical design, inc.

$373,400

Nelson mechanical design, inc. was initially approved for PPP Loan of amount $373,400, the current approved amount is $373,400. The loan was approved on 04/11/2020 by The Martha's Vineyard Bank reported 24 jobs and $373,400 was used to fund payroll.

Nelson mechanical design, inc. is Existing or more than 2 years old

PPP Loan Search / MA / EDGARTOWN / Nelson mechanical design, inc.

NELSON MECHANICAL DESIGN, INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NELSON MECHANICAL DESIGN, INC.

Borrower Address

8 NORTH LINE RD SUITE B

Borrower City

EDGARTOWN

Borrower State

MA

Borrower Zip

02539-6006

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

373400.00

Current Approval Amount

373400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32770

Servicing Lender Name

Martha's Vineyard Bank

Servicing Lender Address

78 Main St

Servicing Lender City

EDGARTOWN

Servicing Lender State

MA

Servicing Lender Zip

02539

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDGARTOWN

Project County Name

DUKES

Project State

MA

Project Zip

02539-6006

CD

MA-09

Jobs Reported

24

NAICS Code

333415

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

373400.00

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

32770

Originating Lender

Martha's Vineyard Bank

Originating Lender City

EDGARTOWN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

377031.70

Forgiveness Date

04/08/2021

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