Nelson Marine Motor Service, Inc.
$156,800 PPP Loan in White Bear Lake, Minnesota
Loan Details
- Loan Number
- 4627817003
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $156,800
- Current Approval
- $156,800
- Forgiveness Amount
- $157,706
- Forgiveness Date
- Nov 12, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Nelson Marine Motor Service, Inc.
- Address
- 3800 Hwy 61 N
- City
- White Bear Lake
- State
- Minnesota
- ZIP Code
- 55038
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441222)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 15
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $125,500
- Rent
- $26,600
- Debt Interest
- $4,700
Lender Information
- Servicing Lender
- First Resource Bank
- Originating Lender
- First Resource Bank
Other PPP Loans in White Bear Lake, MN
| Business | Approved | |
|---|---|---|
| Wilson Tool Enterprises, INC | $9,857,740 | |
| Pinnacle Wall Systems,inc | $2,623,600 | |
| Rudy Luther's White Bear Motors, Inc. | $1,741,847 | |
| White Bear Autos LLC | $977,000 | |
| Ancona Escrow, Inc. | $900,742 |
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