PPP Loan information for Nelson oil company inc

$172,293

Nelson oil company inc was initially approved for PPP Loan of amount $172,293, the current approved amount is $172,293. The loan was approved on 02/24/2021 by The Peoples Bank reported 13 jobs and $172,293 was used to fund payroll.

Nelson oil company inc is Existing or more than 2 years old

PPP Loan Search / NC / Hickory / Nelson oil company inc

NELSON OIL COMPANY INC

Date Approved

02/24/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

NELSON OIL COMPANY INC

Borrower Address

5 20th St SW

Borrower City

Hickory

Borrower State

NC

Borrower Zip

28602-1410

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

172292.50

Current Approval Amount

172292.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hickory

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-1410

CD

NC-10

Jobs Reported

13

NAICS Code

424720

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

172292.50

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

174666.31

Forgiveness Date

07/19/2022

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