# PPP loan: NEL/SON DISTRIBUTING INC.
> **$891K** approved 02/03/2021 · Paid in Full · Loan `2640388410`
## Borrower
- **Name:** NEL/SON DISTRIBUTING INC.
- **Address:** 1125 80th St SW, Everett, WA, 98203-6280
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $891K
- **Initial approval:** $891K
- **Forgiven:** $898K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $891K
- **Utilities:** $1
- **Jobs reported:** 61
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*