G Nelson Electric Motors INC
$674,400 PPP Loan in Alexander City, Alabama
Loan Details
- Loan Number
- 1455317103
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $674,400
- Current Approval
- $674,400
- Forgiveness Amount
- $678,165
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- G Nelson Electric Motors INC
- Address
- 1919 Radio Rd
- City
- Alexander City
- State
- Alabama
- ZIP Code
- 35010-3512
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 59
- Estimated Revenue
- $12.7M
- Rural/Urban
- Rural
- Congressional District
- AL-03
Loan Use Breakdown
- Payroll
- $573,712
- Rent
- $23,000
- Utilities
- $19,688
- Health Care
- $58,000
Lender Information
- Servicing Lender
- River Bank & Trust
- Originating Lender
- River Bank & Trust
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