# PPP loan: THE NELSON COMPANY INC. OF FAIRFIELD IOWA
> **$359K** approved 03/17/2021 · Paid in Full · Loan `3502718605`
## Borrower
- **Name:** THE NELSON COMPANY INC. OF FAIRFIELD IOWA
- **Address:** 1200 W Stone Ave, Fairfield, IA, 52556-2166
- **NAICS:** 321999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $359K
- **Initial approval:** $359K
- **Forgiven:** $362K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $359K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*