PPP Loan information for Novak electric, inc

$41,076

Novak electric, inc was initially approved for PPP Loan of amount $41,076, the current approved amount is $41,076. The loan was approved on 04/06/2020 by The BankNorth reported 4 jobs and $41,076 was used to fund payroll.

Novak electric, inc is Existing or more than 2 years old

PPP Loan Search / ND / OAKES / Novak electric, inc

NOVAK ELECTRIC, INC

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NOVAK ELECTRIC, INC

Borrower Address

114 N 5th St

Borrower City

OAKES

Borrower State

ND

Borrower Zip

58474-1211

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41075.60

Current Approval Amount

41075.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52663

Servicing Lender Name

BankNorth

Servicing Lender Address

340 Main St

Servicing Lender City

ARTHUR

Servicing Lender State

ND

Servicing Lender Zip

58006

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAKES

Project County Name

DICKEY

Project State

ND

Project Zip

58474-1211

CD

ND-

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41075.60

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

52663

Originating Lender

BankNorth

Originating Lender City

ARTHUR

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37292.90

Forgiveness Date

11/12/2020

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