PPP Loan information for Nova institute

$5,734

Nova institute was initially approved for PPP Loan of amount $5,734, the current approved amount is $5,734. The loan was approved on 02/25/2021 by The Forbright Bank reported 1 jobs and $5,734 was used to fund payroll.

Nova institute is Existing or more than 2 years old

NOVA INSTITUTE

Date Approved

02/25/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

NOVA INSTITUTE

Borrower Address

3106 Edgewood Rd 3106 Edgewood Rd

Borrower City

Kensington

Borrower State

MD

Borrower Zip

20895-2745

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5734.00

Current Approval Amount

5734.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kensington

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20895-2745

CD

MD-08

Jobs Reported

1

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

5733.00

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

501(c)3 – Non Profit

Originating Lender Location Id

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

5756.46

Forgiveness Date

07/21/2021

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