# PPP loan: MICHAEL NELSON ENTERPRISES, INC.
> **$180K** approved 04/28/2020 · Paid in Full · Loan `6547737209`
## Borrower
- **Name:** MICHAEL NELSON ENTERPRISES, INC.
- **Address:** 343 HIGHWAY 264, SAINT MICHAELS, AZ, 86511-9998
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $14K
- **Mortgage interest:** $9K
- **Utilities:** $17K
- **Jobs reported:** 63
## Lender
- **Originating:** Native American Bank, National Association
- **Servicing:** Native American Bank, National Association (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*