PPP Loan information for Nic industries inc

$1,428,600

Nic industries inc was initially approved for PPP Loan of amount $1,428,600, the current approved amount is $1,428,600. The loan was approved on 04/08/2020 by The People's Bank of Commerce reported 97 jobs and $1,428,600 was used to fund payroll.

Nic industries inc is Existing or more than 2 years old

NIC INDUSTRIES INC

Date Approved

04/08/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

NIC INDUSTRIES INC

Borrower Address

7050 6TH ST

Borrower City

WHITE CITY

Borrower State

OR

Borrower Zip

97503-1037

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1428600.00

Current Approval Amount

1428600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITE CITY

Project County Name

JACKSON

Project State

OR

Project Zip

97503-1037

CD

OR-02

Jobs Reported

97

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40000.00

Payroll Proceed

1263600.00

Mortgage Interest Proceed

0.00

Rent Proceed

125000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1440385.95

Forgiveness Date

02/10/2021

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