Current business record

NICHOLS POWER SYSTEMS COMPANY INC

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$350,000–1 million
Filed business name
NICHOLS POWER SYSTEMS COMPANY INC
Approval date
Mar 27, 2021
Initial approval amount
$559,900.00
Current approval amount
$559,900.00
Loan status
Paid in Full (Apr 6, 2023)
Forgiveness amount
$570,469.07
Jobs reported
22
Address
508 Olney Sandy Spring Rd
Sandy Spring, MD 20860-1009
Lender
Sandy Spring Bank
NAICS code
238210
Business type
Subchapter S Corporation
Congressional district
MD-08

Loan 2

$350,000–1 million
Filed business name
NICHOLS POWER SYSTEMS COMPANY INC
Approval date
Apr 13, 2020
Initial approval amount
$559,900.00
Current approval amount
$559,900.00
Loan status
Paid in Full (Dec 16, 2022)
Forgiveness amount
$573,552.36
Jobs reported
21
Address
508 OLNEY SANDY SPRING RD
SANDY SPRING, MD 20860-1009
Lender
Sandy Spring Bank
NAICS code
238210
Business type
Subchapter S Corporation
Congressional district
MD-08