PPP Loan information for Nichols electric, inc.

$297,500

Nichols electric, inc. was initially approved for PPP Loan of amount $297,500, the current approved amount is $297,500. The loan was approved on 04/07/2020 by The Bank of Colorado reported 27 jobs and $297,500 was used to fund payroll.

Nichols electric, inc. is Existing or more than 2 years old

NICHOLS ELECTRIC, INC.

Date Approved

04/07/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

NICHOLS ELECTRIC, INC.

Borrower Address

128 Stewart Street

Borrower City

DURANGO

Borrower State

CO

Borrower Zip

81303-7999

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297500.00

Current Approval Amount

297500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15438

Servicing Lender Name

Bank of Colorado

Servicing Lender Address

1609 E Harmony Rd

Servicing Lender City

FORT COLLINS

Servicing Lender State

CO

Servicing Lender Zip

80525-3238

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURANGO

Project County Name

LA PLATA

Project State

CO

Project Zip

81303-7999

CD

CO-03

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

297500.00

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

15438

Originating Lender

Bank of Colorado

Originating Lender City

FORT COLLINS

Originating Lender State

CO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

299458.54

Forgiveness Date

12/10/2020

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