# PPP loan: THE NELSON COMPANY
> **$1.00M** approved 04/15/2020 · Paid in Full · Loan `8199867106`
## Borrower
- **Name:** THE NELSON COMPANY
- **Address:** 4517 North Point Boulevard, Baltimore, MD, 21219
- **NAICS:** 321920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $730K
- **Rent:** $88K
- **Health care:** $183K
- **Jobs reported:** 66
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*