PPP Loan information for Nichols insurance agency inc.

$47,900

Nichols insurance agency inc. was initially approved for PPP Loan of amount $47,900, the current approved amount is $47,900. The loan was approved on 05/07/2020 by The Hanscom FCU reported 4 jobs and $47,900 was used to fund payroll.

Nichols insurance agency inc. is New Business or 2 years or less

NICHOLS INSURANCE AGENCY INC.

Date Approved

05/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NICHOLS INSURANCE AGENCY INC.

Borrower Address

363 Great Road, Suite 207

Borrower City

BEDFORD

Borrower State

MA

Borrower Zip

01730

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47900.00

Current Approval Amount

47900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98350

Servicing Lender Name

Hanscom FCU

Servicing Lender Address

1610 Eglin St

Servicing Lender City

HANSCOM AIR FORCE BASE

Servicing Lender State

MA

Servicing Lender Zip

01731-2616

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BEDFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01730-0001

CD

MA-06

Jobs Reported

4

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47900.00

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

98350

Originating Lender

Hanscom FCU

Originating Lender City

HANSCOM AIR FORCE BASE

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48191.34

Forgiveness Date

12/22/2020

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