PPP Loan information for Nexolve holding company, llc

$351,600

Nexolve holding company, llc was initially approved for PPP Loan of amount $351,600, the current approved amount is $351,600. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 30 jobs and $351,600 was used to fund payroll.

Nexolve holding company, llc is New Business or 2 years or less

NEXOLVE HOLDING COMPANY, LLC

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NEXOLVE HOLDING COMPANY, LLC

Borrower Address

290 DUNLOP BLVD

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35824-1117

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

351600.00

Current Approval Amount

351600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35824-1117

CD

AL-05

Jobs Reported

30

NAICS Code

541715

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

326500.00

Mortgage Interest Proceed

0.00

Rent Proceed

20100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

355340.63

Forgiveness Date

05/04/2021

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