PPP Loan information for Novak nurseries inc

$193,199

Novak nurseries inc was initially approved for PPP Loan of amount $193,199, the current approved amount is $193,199. The loan was approved on 04/13/2020 by The ChoiceOne Bank reported 20 jobs and $193,199 was used to fund payroll.

Novak nurseries inc is Existing or more than 2 years old

PPP Loan Search / MI / ALMONT / Novak nurseries inc

NOVAK NURSERIES INC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NOVAK NURSERIES INC

Borrower Address

3620 VAN DYKE RD

Borrower City

ALMONT

Borrower State

MI

Borrower Zip

48003-8041

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193199.00

Current Approval Amount

193199.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALMONT

Project County Name

LAPEER

Project State

MI

Project Zip

48003-8041

CD

MI-09

Jobs Reported

20

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19319.50

Payroll Proceed

146198.00

Mortgage Interest Proceed

19319.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8362.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

195692.06

Forgiveness Date

08/05/2021

;