PPP Loan information for Nova power systems incorporated

$566,499

Nova power systems incorporated was initially approved for PPP Loan of amount $566,499, the current approved amount is $566,499. The loan was approved on 02/10/2021 by The John Marshall Bank reported 35 jobs and $566,499 was used to fund payroll.

Nova power systems incorporated is Existing or more than 2 years old

NOVA POWER SYSTEMS INCORPORATED

Date Approved

02/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

NOVA POWER SYSTEMS INCORPORATED

Borrower Address

2405 James Madison Hwy

Borrower City

Haymarket

Borrower State

VA

Borrower Zip

20169-1221

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

566498.88

Current Approval Amount

566498.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440839

Servicing Lender Name

John Marshall Bank

Servicing Lender Address

1943 Isaac Newton Sq, Ste 100

Servicing Lender City

RESTON

Servicing Lender State

VA

Servicing Lender Zip

20190-5013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Haymarket

Project County Name

PRINCE WILLIAM

Project State

VA

Project Zip

20169-1221

CD

VA-10

Jobs Reported

35

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

566498.88

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

Subchapter S Corporation

Originating Lender Location Id

440839

Originating Lender

John Marshall Bank

Originating Lender City

RESTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

572117.31

Forgiveness Date

02/09/2022

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