Nichols Equipment INC

$48,545 PPP Loan in Moncks Corner, South Carolina

Loan Details

Loan Number
7018567205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$48,545
Current Approval
$48,545
Forgiveness Amount
$48,924
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nichols Equipment INC
Address
2192 Highway 52
ZIP Code
29461-5018
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423810)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
SC-01

Loan Use Breakdown

Payroll
$48,545

Lender Information

Servicing Lender
Farmers and Merchants Bank of South Carolina
Originating Lender
Farmers and Merchants Bank of South Carolina

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