PPP Loan information for Nichols financial inc.

$28,200

Nichols financial inc. was initially approved for PPP Loan of amount $28,200, the current approved amount is $28,200. The loan was approved on 04/29/2020 by The First Merchants Bank reported 3 jobs and $28,200 was used to fund payroll.

Nichols financial inc. is Existing or more than 2 years old

PPP Loan Search / MI / MILFORD / Nichols financial inc.

NICHOLS FINANCIAL INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NICHOLS FINANCIAL INC.

Borrower Address

155 COMMERCE ST, STE #103

Borrower City

MILFORD

Borrower State

MI

Borrower Zip

48381-1973

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28200.00

Current Approval Amount

28200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48381-1973

CD

MI-09

Jobs Reported

3

NAICS Code

523120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28200.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28550.76

Forgiveness Date

07/29/2021

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