PPP Loan information for Nichols speedometer & instrument co. inc.

$58,400

Nichols speedometer & instrument co. inc. was initially approved for PPP Loan of amount $58,400, the current approved amount is $58,400. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 6 jobs and $58,400 was used to fund payroll.

Nichols speedometer & instrument co. inc. is New Business or 2 years or less

NICHOLS SPEEDOMETER & INSTRUMENT CO. INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NICHOLS SPEEDOMETER & INSTRUMENT CO. INC.

Borrower Address

1336 OAKLAND AVE

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27403-2748

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58400.00

Current Approval Amount

58400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27403-2748

CD

NC-06

Jobs Reported

6

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58400.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59004.80

Forgiveness Date

05/20/2021

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