Nelson Auto Center, Inc.

$1,027,600 PPP Loan in Fergus Falls, Minnesota

Loan Details

Loan Number
5126067010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,027,600
Current Approval
$1,027,600
Forgiveness Amount
$1,036,649
Forgiveness Date
Mar 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nelson Auto Center, Inc.
Address
2228 College Way
ZIP Code
56537-1062
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
99
Estimated Revenue
$24.9M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$1,027,600

Lender Information

Servicing Lender
Bell Bank
Originating Lender
Bell Bank

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