# PPP loan: NICHOLS TRUCKING, LLC
> **$321K** approved 04/06/2020 · Paid in Full · Loan `6370057003`
## Borrower
- **Name:** NICHOLS TRUCKING, LLC
- **Address:** 15596 HIGHWAY 1, CLOUTIERVILLE, LA, 71416-2216
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $321K
- **Initial approval:** $321K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $50K
- **Utilities:** $11K
- **Jobs reported:** 40
## Lender
- **Originating:** BOM Bank
- **Servicing:** BOM Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*