PPP Loan information for Nichols optical inc.

$325,807

Nichols optical inc. was initially approved for PPP Loan of amount $325,807, the current approved amount is $325,807. The loan was approved on 01/21/2021 by The Independent Bank reported 31 jobs and $325,807 was used to fund payroll.

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

PPP Loan Search / MI / Traverse City / Nichols optical inc.

NICHOLS OPTICAL INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NICHOLS OPTICAL INC.

Borrower Address

336 W Front St

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49684-2204

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

325807.00

Current Approval Amount

325807.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49684-2204

CD

MI-01

Jobs Reported

31

NAICS Code

621320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

325805.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

327092.38

Forgiveness Date

06/28/2021

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