Nelson Automotive INC

$104,700 PPP Loan in Mount Prospect, Illinois

Loan Details

Loan Number
4406727007
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$104,700
Current Approval
$104,700
Forgiveness Amount
$105,645
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nelson Automotive INC
Address
1801 Bussee Rd
ZIP Code
60056-5505
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$75,300
Rent
$28,000
Utilities
$1,400

Lender Information

Servicing Lender
Time Bank
Originating Lender
Time Bank

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