# PPP loan: NELSEN STEEL & WIRE, L.P.
> **$1.23M** approved 04/07/2020 · Paid in Full · Loan `7254937004`
## Borrower
- **Name:** NELSEN STEEL & WIRE, L.P.
- **Address:** 9400 BELMONT AVE, FRANKLIN PARK, IL, 60131-2800
- **NAICS:** 423510
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $925K
- **Rent:** $154K
- **Utilities:** $154K
- **Jobs reported:** 81
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*