The Nelson Paint Company

$245,600 PPP Loan in Kingsford, Michigan

Loan Details

Loan Number
9255057001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$245,600
Current Approval
$245,600
Forgiveness Amount
$249,207
Forgiveness Date
Oct 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Nelson Paint Company
Address
1 Nelson Dr
ZIP Code
49802-4561
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325510)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$29.8M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$189,984
Utilities
$13,780
Health Care
$41,836

Lender Information

Servicing Lender
Range Bank
Originating Lender
Range Bank

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