Nelms Electric Service INC

$72,870 PPP Loan in Oxford, North Carolina

Loan Details

Loan Number
7176937008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$72,870
Current Approval
$72,870
Forgiveness Amount
$73,357
Forgiveness Date
Dec 16, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Nelms Electric Service INC
Address
210 W Industry Dr
City
Oxford
ZIP Code
27565-3561
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-04

Loan Use Breakdown

Payroll
$54,652
Rent
$9,109
Utilities
$9,109

Lender Information

Servicing Lender
Benchmark Community Bank
Originating Lender
Benchmark Community Bank

Other PPP Loans in Oxford, NC

BusinessApproved
R + L Arcade INC$1,809,860NewBizBotAI Deep Dive
Dill Air Controls Products, LLC$1,648,200NewBizBotAI Deep Dive
Ideal Fastener Corporation$1,615,000NewBizBotAI Deep Dive
Shalag US Inc.$1,182,555NewBizBotAI Deep Dive
Endrusick Enterprises$783,300NewBizBotAI Deep Dive

Want to research this company further?