# PPP loan: NELCO SERVICES
> **$225K** approved 04/13/2020 · Paid in Full · Loan `5251087102`
## Borrower
- **Name:** NELCO SERVICES
- **Address:** 627 E Francis Ave, SPOKANE, WA, 99208-3603
- **NAICS:** 562920
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 28
## Lender
- **Originating:** Washington Trust Bank
- **Servicing:** Washington Trust Bank (WA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*