Nelson Auto Center Inc.
$1,027,605 PPP Loan in Fergus Falls, Minnesota
Loan Details
- Loan Number
- 4370228308
- Date Approved
- Jan 23, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $1,027,605
- Current Approval
- $1,027,605
- Forgiveness Amount
- $1,038,422
- Forgiveness Date
- Feb 15, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Nelson Auto Center Inc.
- Address
- 2228 College Way
- City
- Fergus Falls
- State
- Minnesota
- ZIP Code
- 56537-1062
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Chrysler - Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 80
- Estimated Revenue
- $20.2M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $1,027,601
- Utilities
- $1
Lender Information
- Servicing Lender
- Bell Bank
- Originating Lender
- Bell Bank
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|---|---|---|
| Lake Region Medical Group P.a. | $2,439,200 |  Research |
| Lakeland Mental Health Center | $2,289,100 | Research |
| Productive Alternatives Inc. | $2,047,955 | Research |
| Pioneer Home INC | $1,909,300 | Research |
| Productive Alternatives INC | $1,767,010 | Research |
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