PPP Loan information for Nelson rebar inc

$138,700

Nelson rebar inc was initially approved for PPP Loan of amount $138,700, the current approved amount is $138,700. The loan was approved on 03/24/2021 by The Pilot Grove Savings Bank reported 7 jobs and $138,700 was used to fund payroll.

Nelson rebar inc is Existing or more than 2 years old

NELSON REBAR INC

Date Approved

03/24/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

NELSON REBAR INC

Borrower Address

400 W Main St

Borrower City

Lockridge

Borrower State

IA

Borrower Zip

52635-9727

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

138700.00

Current Approval Amount

138700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25378

Servicing Lender Name

Pilot Grove Savings Bank

Servicing Lender Address

1341 Pilot Grove Rd

Servicing Lender City

PILOT GROVE

Servicing Lender State

IA

Servicing Lender Zip

52648-5000

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lockridge

Project County Name

HENRY

Project State

IA

Project Zip

52635-9727

CD

IA-01

Jobs Reported

7

NAICS Code

333120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

138700.00

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

25378

Originating Lender

Pilot Grove Savings Bank

Originating Lender City

PILOT GROVE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139389.65

Forgiveness Date

09/21/2021

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