# PPP loan: NIELSEN CONCRETE, LLC
> **$425K** approved 04/03/2020 · Paid in Full · Loan `4551617005`
## Borrower
- **Name:** NIELSEN CONCRETE, LLC
- **Address:** 305 INDUSTRIAL ST E, KASOTA, MN, 56050-2055
- **NAICS:** 237310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $425K
- **Initial approval:** $186K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 21
## Lender
- **Originating:** Pioneer Bank
- **Servicing:** Pioneer Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*