# PPP loan: NELSON SANITATION & RENTAL INC
> **$167K** approved 04/08/2020 · Paid in Full · Loan `7861367001`
## Borrower
- **Name:** NELSON SANITATION & RENTAL INC
- **Address:** 1376 105th St NW PO Box 85, RICE, MN, 56367-8809
- **NAICS:** 562991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Mortgage interest:** $1K
- **Utilities:** $2K
- **Health care:** $3K
- **Jobs reported:** 16
## Lender
- **Originating:** Deerwood Bank
- **Servicing:** Deerwood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*