# PPP loan: NELS GUNDERSON CHEVROLET, INC
> **$334K** approved 04/04/2020 · Paid in Full · Loan `5028077009`
## Borrower
- **Name:** NELS GUNDERSON CHEVROLET, INC
- **Address:** 50825 Spruce Road, OSSEO, WI, 54758-7846
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Rent:** $30K
- **Utilities:** $11K
- **Health care:** $26K
- **Jobs reported:** 33
## Lender
- **Originating:** Citizens Community Federal National Association
- **Servicing:** Citizens Community Federal National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*