# PPP loan: NELSON & STORM TOOL SUPPLY CO.
> **$207K** approved 04/13/2020 · Paid in Full · Loan `4421697107`
## Borrower
- **Name:** NELSON & STORM TOOL SUPPLY CO.
- **Address:** 2303 11TH ST, ROCKFORD, IL, 61104-3449
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $207K
- **Jobs reported:** 26
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*