PPP Loan information for Nichols dynamics inc

$60,617

Nichols dynamics inc was initially approved for PPP Loan of amount $60,617, the current approved amount is $60,617. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $60,617 was used to fund payroll.

Nichols dynamics inc is Existing or more than 2 years old

NICHOLS DYNAMICS INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NICHOLS DYNAMICS INC

Borrower Address

50 HOPKINTON RD STE 5

Borrower City

WESTBOROUGH

Borrower State

MA

Borrower Zip

01581-2142

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60617.00

Current Approval Amount

60617.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTBOROUGH

Project County Name

WORCESTER

Project State

MA

Project Zip

01581-2142

CD

MA-02

Jobs Reported

7

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60617.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61319.49

Forgiveness Date

07/02/2021

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