PPP Loan information for Novastar properties

$120,600

Novastar properties was initially approved for PPP Loan of amount $120,600, the current approved amount is $120,600. The loan was approved on 04/20/2021 by The Citizens Bank, National Association reported 8 jobs and $120,600 was used to fund payroll.

Novastar properties is Existing or more than 2 years old

PPP Loan Search / MI / Romulus / Novastar properties

NOVASTAR PROPERTIES

Date Approved

04/20/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NOVASTAR PROPERTIES

Borrower Address

6094 2nd St

Borrower City

Romulus

Borrower State

MI

Borrower Zip

48174-1868

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120600.00

Current Approval Amount

120600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Romulus

Project County Name

WAYNE

Project State

MI

Project Zip

48174-1868

CD

MI-13

Jobs Reported

8

NAICS Code

531390

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

120595.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

120900.67

Forgiveness Date

07/23/2021

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