# PPP loan: NELCO SERVICES INC
> **$225K** approved 02/18/2021 · Paid in Full · Loan `9905688404`
## Borrower
- **Name:** NELCO SERVICES INC
- **Address:** 627 E Francis Ave, Spokane, WA, 99208-3634
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $225K
- **Utilities:** $1
- **Jobs reported:** 222
## Lender
- **Originating:** Washington Trust Bank
- **Servicing:** Washington Trust Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*