# PPP loan: NELSON EQUIPMENT LTD
> **$361K** approved 04/28/2020 · Paid in Full · Loan `8483157200`
## Borrower
- **Name:** NELSON EQUIPMENT LTD
- **Address:** 9400 N Hwy 146, Baytown, TX, 77523
- **NAICS:** 532412
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Forgiven:** $365K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $361K
- **Jobs reported:** 28
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*