# PPP loan: NELSON ENGINEERING CO.
> **$745K** approved 04/15/2020 · Paid in Full · Loan `8855787105`
## Borrower
- **Name:** NELSON ENGINEERING CO.
- **Address:** 4020 E Air Lane, PHOENIX, AZ, 85034-3021
- **NAICS:** 333999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $745K
- **Initial approval:** $745K
- **Forgiven:** $579K (78%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $745K
- **Jobs reported:** 64
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*