# PPP loan: NICOLS BROS LOGGING INC
> **$164K** approved 02/02/2021 · Paid in Full · Loan `1810138404`
## Borrower
- **Name:** NICOLS BROS LOGGING INC
- **Address:** 29 Industrial Park Rd, Rumford, ME, 04276-3436
- **NAICS:** 113310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (100%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 7
## Lender
- **Originating:** Franklin Savings Bank
- **Servicing:** Franklin Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*