# PPP loan: ELMUND & NELSON, CO.
> **$659K** approved 04/15/2020 · Paid in Full · Loan `8609627108`
## Borrower
- **Name:** ELMUND & NELSON, CO.
- **Address:** 1510 Sheldon Dr, ELGIN, IL, 60120
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $659K
- **Initial approval:** $659K
- **Forgiven:** $668K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $495K
- **Rent:** $99K
- **Utilities:** $66K
- **Jobs reported:** 27
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles Bank & Trust Company, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*