PPP Loan information for Novak assisted care corporation

$61,500

Novak assisted care corporation was initially approved for PPP Loan of amount $61,500, the current approved amount is $61,500. The loan was approved on 02/17/2021 by The First State Bank reported 12 jobs and $61,500 was used to fund payroll.

Novak assisted care corporation is Existing or more than 2 years old

NOVAK ASSISTED CARE CORPORATION

Date Approved

02/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NOVAK ASSISTED CARE CORPORATION

Borrower Address

68453 Stoecker Ln

Borrower City

Richmond

Borrower State

MI

Borrower Zip

48062-8126

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61500.00

Current Approval Amount

61500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

MACOMB

Project State

MI

Project Zip

48062-8126

CD

MI-09

Jobs Reported

12

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61500.00

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

Subchapter S Corporation

Originating Lender Location Id

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61707.25

Forgiveness Date

06/23/2021

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