# PPP loan: NELSONCORP LTD.
> **$171K** approved 08/04/2020 · Paid in Full · Loan `3459098210`
## Borrower
- **Name:** NELSONCORP LTD.
- **Address:** 880 13TH AVE NORTH, CLINTON, IA, 52732-5116
- **NAICS:** 523999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $171K (100%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $136K
- **Utilities:** $34K
- **Jobs reported:** 15
## Lender
- **Originating:** First Central State Bank
- **Servicing:** First Central State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*