PPP Loan information for Nichols electric llc

$18,523

Nichols electric llc was initially approved for PPP Loan of amount $18,523, the current approved amount is $18,523. The loan was approved on 02/03/2021 by The BayVanguard Bank reported 2 jobs and $18,523 was used to fund payroll.

Nichols electric llc is Existing or more than 2 years old

PPP Loan Search / MD / Cambridge / Nichols electric llc

NICHOLS ELECTRIC LLC

Date Approved

02/03/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NICHOLS ELECTRIC LLC

Borrower Address

5337 Chateau Rd

Borrower City

Cambridge

Borrower State

MD

Borrower Zip

21613-3801

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18522.50

Current Approval Amount

18522.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89333

Servicing Lender Name

BayVanguard Bank

Servicing Lender Address

7114 N Point Rd

Servicing Lender City

BALTIMORE

Servicing Lender State

MD

Servicing Lender Zip

21219-1220

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

DORCHESTER

Project State

MD

Project Zip

21613-3801

CD

MD-01

Jobs Reported

2

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18522.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

89333

Originating Lender

BayVanguard Bank

Originating Lender City

BALTIMORE

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18590.50

Forgiveness Date

06/23/2021

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