PPP borrower record

NELSON ELECTRIC COMPANY, L.C. PPP loan record

Public SBA PPP loan record for NELSON ELECTRIC COMPANY, L.C.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$551,200
Approved amount
$555,534
Forgiven amount
2020-04-07
Date approved

Borrower and loan details

Borrower
NELSON ELECTRIC COMPANY, L.C.
Loan number
6539187003
Business type
Limited Liability Company
Business age
Existing or more than 2 years old
Borrower city
Ames
Borrower state
Iowa
Borrower ZIP
50010
Jobs reported
55
Loan status
Paid in Full
Forgiveness date
2021-01-25
Servicing lender
First National Bank Ames, Iowa
Originating lender
First National Bank Ames, Iowa

Reported use of proceeds

Payroll
$551,200
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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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.