PPP Loan information for Nova group gbc

$2,000,000

Nova group gbc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/25/2021 by The Reliance Bank reported 144 jobs and $2,000,000 was used to fund payroll.

Nova group gbc is Existing or more than 2 years old

NOVA GROUP GBC

Date Approved

01/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NOVA GROUP GBC

Borrower Address

1107 Hazeltine Blvd Ste 400

Borrower City

Chaska

Borrower State

MN

Borrower Zip

55318-1049

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449710

Servicing Lender Name

Reliance Bank

Servicing Lender Address

2300 NW 30th St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-1938

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chaska

Project County Name

CARVER

Project State

MN

Project Zip

55318-1049

CD

MN-06

Jobs Reported

144

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

449710

Originating Lender

Reliance Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2023287.67

Forgiveness Date

03/31/2022

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