# PPP loan: NICHOLS WATER SERVICE, INC.
> **$241K** approved 04/06/2020 · Paid in Full · Loan `6277777002`
## Borrower
- **Name:** NICHOLS WATER SERVICE, INC.
- **Address:** 8 Box, Rural Route 1, FORGAN, OK, 73938-9706
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $241K
- **Jobs reported:** 22
## Lender
- **Originating:** First National Bank and Trust Company of Weatherford d/b/a First Bank Texas
- **Servicing:** First National Bank and Trust Company of Weatherford d/b/a First Bank Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*