PPP borrower record
G NELSON ELECTRIC MOTORS INC PPP loan record
Public SBA PPP loan record for G NELSON ELECTRIC MOTORS INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$674,400
Approved amount
$678,165
Forgiven amount
2020-04-10
Date approved
Borrower and loan details
Borrower
G NELSON ELECTRIC MOTORS INC
Loan number
1455317103
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Alexander City
Borrower state
Alabama
Borrower ZIP
35010
Jobs reported
59
Loan status
Paid in Full
Forgiveness date
2020-11-05
Servicing lender
River Bank & Trust
Originating lender
River Bank & Trust
Reported use of proceeds
Payroll
$573,712
Rent
$23,000
Utilities
$19,688
Mortgage interest
N/A
Health care
$58,000
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.