PPP Loan information for Novatoo inc.

$75,196

Novatoo inc. was initially approved for PPP Loan of amount $75,196, the current approved amount is $75,196. The loan was approved on 01/28/2021 by The Old Second National Bank reported 8 jobs and $75,196 was used to fund payroll.

Novatoo inc. is Existing or more than 2 years old

NOVATOO INC.

Date Approved

01/28/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

NOVATOO INC.

Borrower Address

120 Easy St Ste 3

Borrower City

Carol Stream

Borrower State

IL

Borrower Zip

60188-3539

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75196.00

Current Approval Amount

75196.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carol Stream

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-3539

CD

IL-08

Jobs Reported

8

NAICS Code

532490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

75190.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45740.47

Forgiveness Date

06/16/2022

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