PPP Loan information for Tom nichols excavating, inc.

$577,053

Tom nichols excavating, inc. was initially approved for PPP Loan of amount $577,053, the current approved amount is $577,053. The loan was approved on 04/15/2020 by The Stearns Bank National Association reported 51 jobs and $577,053 was used to fund payroll.

Tom nichols excavating, inc. is Existing or more than 2 years old

TOM NICHOLS EXCAVATING, INC.

Date Approved

04/15/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

TOM NICHOLS EXCAVATING, INC.

Borrower Address

4543 E SHANGRI-LA RD

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85028

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

577053.00

Current Approval Amount

577053.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85028-3034

CD

AZ-01

Jobs Reported

51

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4773.00

Payroll Proceed

531984.00

Mortgage Interest Proceed

0.00

Rent Proceed

22000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18296.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

582491.53

Forgiveness Date

03/31/2021

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