PPP borrower record
NICHOLS POWER SYSTEMS COMPANY INC PPP loan record
Public SBA PPP loan record for NICHOLS POWER SYSTEMS COMPANY INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$559,900
Approved amount
N/A
Forgiven amount
2021-03-27
Date approved
Borrower and loan details
Borrower
NICHOLS POWER SYSTEMS COMPANY INC
Loan number
1896868705
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Sandy Spring
Borrower state
Maryland
Borrower ZIP
20860
Jobs reported
22
Loan status
Active Un-Disbursed
Forgiveness date
N/A
Servicing lender
Sandy Spring Bank
Originating lender
Sandy Spring Bank
Reported use of proceeds
Payroll
$559,899
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.