# PPP loan: THE NICHOLSON COMPANIES, INC.
> **$291K** approved 04/06/2020 · Paid in Full · Loan `5774467010`
## Borrower
- **Name:** THE NICHOLSON COMPANIES, INC.
- **Address:** 819 W. LITTLE CREEK RD, NORFOLK, VA, 23505-2003
- **NAICS:** 493110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $291K
- **Initial approval:** $291K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $291K
- **Jobs reported:** 21
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*