# PPP loan: NELSON WILLIAMS LININGS, INC.
> **$240K** approved 04/04/2020 · Paid in Full · Loan `4950567000`
## Borrower
- **Name:** NELSON WILLIAMS LININGS, INC.
- **Address:** 8330 Jasmine Street, MOUNTAIN IRON, MN, 55768
- **NAICS:** 326299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 19
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*