Nichols Electric, Inc.

$297,500 PPP Loan in Durango, Colorado

Loan Details

Loan Number
7289957010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$297,500
Current Approval
$297,500
Forgiveness Amount
$299,459
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Nichols Electric, Inc.
Address
128 Stewart Street
ZIP Code
81303-7999
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$8.9M
Rural/Urban
Rural
Congressional District
CO-03

Loan Use Breakdown

Payroll
$297,500

Lender Information

Servicing Lender
Bank of Colorado
Originating Lender
Bank of Colorado

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