Nic's Tobacco Outlet, Inc.

$429,500 PPP Loan in Altoona, Pennsylvania

Loan Details

Loan Number
8034847200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$429,500
Current Approval
$429,500
Forgiveness Amount
$432,289
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Nic's Tobacco Outlet, Inc.
Address
3421 Beale Ave
ZIP Code
16601-1311
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (453991)
Business Age
Existing or more than 2 years old
Jobs Reported
86
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
PA-13

Loan Use Breakdown

Payroll
$386,000
Utilities
$15,500
Debt Interest
$28,000

Lender Information

Servicing Lender
First Commonwealth Bank
Originating Lender
First Commonwealth Bank

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