PPP Loan information for Nichols welding, inc.

$99,000

Nichols welding, inc. was initially approved for PPP Loan of amount $99,000, the current approved amount is $99,000. The loan was approved on 04/13/2020 by The American National Bank and Trust Company reported 11 jobs and $99,000 was used to fund payroll.

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

NICHOLS WELDING, INC.

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NICHOLS WELDING, INC.

Borrower Address

92 Redbud hill road

Borrower City

ROCKY MOUNT

Borrower State

VA

Borrower Zip

24151-4154

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99000.00

Current Approval Amount

99000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKY MOUNT

Project County Name

FRANKLIN

Project State

VA

Project Zip

24151-4154

CD

VA-09

Jobs Reported

11

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

99000.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99946.00

Forgiveness Date

04/01/2021

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