PPP Loan information for Nixon tool company inc.

$322,717

Nixon tool company inc. was initially approved for PPP Loan of amount $322,717, the current approved amount is $322,717. The loan was approved on 02/10/2021 by The First Bank Richmond reported 25 jobs and $322,717 was used to fund payroll.

Nixon tool company inc. is Existing or more than 2 years old

PPP Loan Search / IN / Richmond / Nixon tool company inc.

NIXON TOOL COMPANY INC.

Date Approved

02/10/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

NIXON TOOL COMPANY INC.

Borrower Address

301 N 3rd St

Borrower City

Richmond

Borrower State

IN

Borrower Zip

47374-3005

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

322717.00

Current Approval Amount

322717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79589

Servicing Lender Name

First Bank Richmond

Servicing Lender Address

20 N 9th St

Servicing Lender City

RICHMOND

Servicing Lender State

IN

Servicing Lender Zip

47374-3170

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

WAYNE

Project State

IN

Project Zip

47374-3005

CD

IN-06

Jobs Reported

25

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

322711.00

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

79589

Originating Lender

First Bank Richmond

Originating Lender City

RICHMOND

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

324441.10

Forgiveness Date

08/27/2021

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