Nelson Electric Company, L.c.

$551,200 PPP Loan in Ames, Iowa

Loan Details

Loan Number
6539187003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$551,200
Current Approval
$551,200
Forgiveness Amount
$555,534
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nelson Electric Company, L.c.
Address
239 Bell Ave
City
Ames
State
Iowa
ZIP Code
50010-7706
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$551,200

Lender Information

Servicing Lender
First National Bank Ames, Iowa
Originating Lender
First National Bank Ames, Iowa

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