# PPP loan: NICKLE ELECTRICAL COMPANIES
> **$1.88M** approved 06/10/2020 · Paid in Full · Loan `1565017903`
## Borrower
- **Name:** NICKLE ELECTRICAL COMPANIES
- **Address:** 14 Mill Park Ct, Newark, DE, 19713
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $1.88M
- **Forgiven:** $1.90M (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.88M
- **Jobs reported:** 174
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*