# PPP loan: NELSON LEASING INC.
> **$1.88M** approved 02/18/2021 · Paid in Full · Loan `1064008506`
## Borrower
- **Name:** NELSON LEASING INC.
- **Address:** 2700 Highway 12 E, Willmar, MN, 56201-5830
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $1.88M
- **Forgiven:** $1.90M (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.88M
- **Utilities:** $1
- **Jobs reported:** 142
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*