PPP Loan information for Nichols logging, inc.

$165,500

Nichols logging, inc. was initially approved for PPP Loan of amount $165,500, the current approved amount is $165,500. The loan was approved on 04/04/2020 by The The First Bank and Trust Company reported 17 jobs and $165,500 was used to fund payroll.

Nichols logging, inc. is Existing or more than 2 years old

PPP Loan Search / VA / HUDDLESTON / Nichols logging, inc.

NICHOLS LOGGING, INC.

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NICHOLS LOGGING, INC.

Borrower Address

1433 Preston Mill Rd

Borrower City

HUDDLESTON

Borrower State

VA

Borrower Zip

24104-3841

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165500.00

Current Approval Amount

165500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDDLESTON

Project County Name

BEDFORD

Project State

VA

Project Zip

24104-3841

CD

VA-09

Jobs Reported

17

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

165500.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

166534.38

Forgiveness Date

11/27/2020

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