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Nicholas Financial: NICHOLAS FINANCIAL, INC. (NASDAQ:NICK) Files An 8-K Entry into a Material Definitive Agreement

On May 27, 2020, Nicholas Financial, Inc. (the “Company”) obtained a loan in the amount of $3,243,900 from Fifth Third Bank in connection with the U.S. Small Business Administration’s Paycheck Protection Program (the “PPP Loan”) to a {Promissory Note} by the Company in favor of Fifth Third Bank in such principal amount (the “Promissory Note”).

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Annual Revenue
Employees
Doug Marohn's photo - President & CEO of Nicholas Financial

President & CEO

Doug Marohn

CEO Approval Rating

79/100

Nicholas Financial provides direct consumer loans and installment sales contracts from automobile dealers. Read more