PPP Loan information for Nikolic industries, inc.

$389,500

Nikolic industries, inc. was initially approved for PPP Loan of amount $389,500, the current approved amount is $389,500. The loan was approved on 04/27/2020 by The Independent Bank reported 21 jobs and $389,500 was used to fund payroll.

Nikolic industries, inc. is Existing or more than 2 years old

NIKOLIC INDUSTRIES, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NIKOLIC INDUSTRIES, INC.

Borrower Address

43252 MERRILL RD

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48314-2162

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

389500.00

Current Approval Amount

389500.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48314-2162

CD

MI-10

Jobs Reported

21

NAICS Code

332439

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

389500.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

393224.26

Forgiveness Date

04/15/2021

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