PPP Loan information for Nichols optical, inc.

$317,252

Nichols optical, inc. was initially approved for PPP Loan of amount $317,252, the current approved amount is $317,252. The loan was approved on 04/14/2020 by The Independent Bank reported 33 jobs and $317,252 was used to fund payroll.

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

PPP Loan Search / MI / TRAVERSE CITY / Nichols optical, inc.

NICHOLS OPTICAL, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NICHOLS OPTICAL, INC.

Borrower Address

336 W FRONT ST

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49684-2204

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

317252.00

Current Approval Amount

317252.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49684-2204

CD

MI-01

Jobs Reported

33

NAICS Code

621320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

317252.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

319025.13

Forgiveness Date

11/12/2020

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