PPP Loan information for Novastar lp

$631,954

Novastar lp was initially approved for PPP Loan of amount $631,954, the current approved amount is $631,954. The loan was approved on 01/17/2021 by The West Texas State Bank reported 34 jobs and $631,954 was used to fund payroll.

Novastar lp is Existing or more than 2 years old

NOVASTAR LP

Date Approved

01/17/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

NOVASTAR LP

Borrower Address

2104 Mulberry Ln

Borrower City

Midland

Borrower State

TX

Borrower Zip

79706-4319

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

631953.88

Current Approval Amount

631953.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71906

Servicing Lender Name

West Texas State Bank

Servicing Lender Address

5009 College Ave

Servicing Lender City

SNYDER

Servicing Lender State

TX

Servicing Lender Zip

79549-6109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79706-4319

CD

TX-11

Jobs Reported

34

NAICS Code

325110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

631947.88

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

Corporation

Originating Lender Location Id

71906

Originating Lender

West Texas State Bank

Originating Lender City

SNYDER

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

636472.78

Forgiveness Date

10/08/2021

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