PPP Loan information for Nichols college

$2,990,800

Nichols college was initially approved for PPP Loan of amount $2,990,800, the current approved amount is $2,990,800. The loan was approved on 04/05/2020 by The Manufacturers and Traders Trust Company reported 431 jobs and $2,990,800 was used to fund payroll.

Nichols college is Existing or more than 2 years old

NICHOLS COLLEGE

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NICHOLS COLLEGE

Borrower Address

123 Center Road

Borrower City

DUDLEY

Borrower State

MA

Borrower Zip

01571-6315

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2990800.00

Current Approval Amount

2990800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUDLEY

Project County Name

WORCESTER

Project State

MA

Project Zip

01571-6315

CD

MA-01

Jobs Reported

431

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2990800.00

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

Non-Profit Organization

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3025132.75

Forgiveness Date

06/09/2021

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