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Knud Nielsen Company INC

$378,000 PPP Loan in Evergreen, Alabama

Loan Details

Loan Number
8894537005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$378,000
Current Approval
$378,000
Forgiveness Amount
$380,163
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Knud Nielsen Company INC
Address
217 Park St
City
Evergreen
State
Alabama
ZIP Code
36401-2903
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325414)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$43.6M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$302,400
Utilities
$20,000
Mortgage Interest
$55,600

Lender Information

Servicing Lender
Bank of Evergreen
Originating Lender
Bank of Evergreen

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