PPP Loan information for Nichols welding inc

$114,693

Nichols welding inc was initially approved for PPP Loan of amount $114,693, the current approved amount is $114,693. The loan was approved on 01/23/2021 by The American National Bank and Trust Company reported 12 jobs and $114,693 was used to fund payroll.

Nichols welding inc is Existing or more than 2 years old

PPP Loan Search / VA / Rocky Mount / Nichols welding inc

NICHOLS WELDING INC

Date Approved

01/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

NICHOLS WELDING INC

Borrower Address

92 Redbud Hill Rd

Borrower City

Rocky Mount

Borrower State

VA

Borrower Zip

24151-4154

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114693.27

Current Approval Amount

114693.27

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

12

NAICS Code

333992

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

114688.27

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

115381.43

Forgiveness Date

08/31/2021

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