PPP Loan information for Nelson rebar inc

$77,809

Nelson rebar inc was initially approved for PPP Loan of amount $77,809, the current approved amount is $77,809. The loan was approved on 05/18/2020 by The Bank Iowa reported 32 jobs and $77,809 was used to fund payroll.

Nelson rebar inc is Existing or more than 2 years old

PPP Loan Search / IA / LOCKRIDGE / Nelson rebar inc

NELSON REBAR INC

Date Approved

05/18/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

NELSON REBAR INC

Borrower Address

400 WEST MAIN ST

Borrower City

LOCKRIDGE

Borrower State

IA

Borrower Zip

52635-9727

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77809.00

Current Approval Amount

77809.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

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

32

NAICS Code

238120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

77809.00

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

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78409.14

Forgiveness Date

03/03/2021

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