# PPP loan: NELSON'S RESORT, INC.
> **$150K** approved 04/09/2020 · Paid in Full · Loan `9214387010`
## Borrower
- **Name:** NELSON'S RESORT, INC.
- **Address:** 7632 Nelson Road, CRANE LAKE, MN, 55725-8023
- **NAICS:** 721214
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $133K
- **Rent:** $2K
- **Utilities:** $8K
- **Health care:** $8K
- **Jobs reported:** 30
## Lender
- **Originating:** National Bank of Commerce
- **Servicing:** National Bank of Commerce (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*