PPP Loan information for Nichols equipment inc

$48,545

Nichols equipment inc was initially approved for PPP Loan of amount $48,545, the current approved amount is $48,545. The loan was approved on 04/28/2020 by The Farmers and Merchants Bank of South Carolina reported 4 jobs and $48,545 was used to fund payroll.

Nichols equipment inc is Existing or more than 2 years old

PPP Loan Search / SC / MONCKS CORNER / Nichols equipment inc

NICHOLS EQUIPMENT INC

Date Approved

04/28/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

NICHOLS EQUIPMENT INC

Borrower Address

2192 HIGHWAY 52

Borrower City

MONCKS CORNER

Borrower State

SC

Borrower Zip

29461-5018

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48545.00

Current Approval Amount

48545.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66139

Servicing Lender Name

Farmers and Merchants Bank of South Carolina

Servicing Lender Address

8624 Old State Rd

Servicing Lender City

HOLLY HILL

Servicing Lender State

SC

Servicing Lender Zip

29059-8230

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONCKS CORNER

Project County Name

BERKELEY

Project State

SC

Project Zip

29461-5018

CD

SC-01

Jobs Reported

4

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48545.00

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

Subchapter S Corporation

Originating Lender Location Id

66139

Originating Lender

Farmers and Merchants Bank of South Carolina

Originating Lender City

HOLLY HILL

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48924.05

Forgiveness Date

02/09/2021

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