PPP Loan information for Nelson mill company

$706,600

Nelson mill company was initially approved for PPP Loan of amount $706,600, the current approved amount is $706,600. The loan was approved on 01/22/2021 by The Independent Bank reported 32 jobs and $706,600 was used to fund payroll.

Nelson mill company is Existing or more than 2 years old

NELSON MILL COMPANY

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NELSON MILL COMPANY

Borrower Address

23690 Telegraph Rd

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48033-4118

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

706600.00

Current Approval Amount

706600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48033-4118

CD

MI-12

Jobs Reported

32

NAICS Code

238350

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

706597.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

712156.01

Forgiveness Date

11/16/2021

;