PPP Loan information for Novalux inc

$95,798

Novalux inc was initially approved for PPP Loan of amount $95,798, the current approved amount is $95,798. The loan was approved on 01/19/2021 by The West Shore Bank reported 7 jobs and $95,798 was used to fund payroll.

Novalux inc is Existing or more than 2 years old

NOVALUX INC

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NOVALUX INC

Borrower Address

212 E Ludington Ave

Borrower City

Ludington

Borrower State

MI

Borrower Zip

49431-3013

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95798.00

Current Approval Amount

95798.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36467

Servicing Lender Name

West Shore Bank

Servicing Lender Address

201 W Loomis St

Servicing Lender City

LUDINGTON

Servicing Lender State

MI

Servicing Lender Zip

49431-2012

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ludington

Project County Name

MASON

Project State

MI

Project Zip

49431-3013

CD

MI-02

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

95795.00

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

Corporation

Originating Lender Location Id

36467

Originating Lender

West Shore Bank

Originating Lender City

LUDINGTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

96194.50

Forgiveness Date

06/25/2021

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