PPP Loan information for Novedea systems inc

$296,897

Novedea systems inc was initially approved for PPP Loan of amount $296,897, the current approved amount is $296,897. The loan was approved on 04/12/2020 by The Veritex Community Bank reported 12 jobs and $296,897 was used to fund payroll.

Novedea systems inc is Existing or more than 2 years old

NOVEDEA SYSTEMS INC

Date Approved

04/12/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

NOVEDEA SYSTEMS INC

Borrower Address

3737 Mapleshade Ln

Borrower City

PLANO

Borrower State

TX

Borrower Zip

75075-5738

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

296897.00

Current Approval Amount

296897.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368915

Servicing Lender Name

Veritex Community Bank

Servicing Lender Address

8214 Westchester Dr Ste 800

Servicing Lender City

Dallas

Servicing Lender State

TX

Servicing Lender Zip

75225

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLANO

Project County Name

COLLIN

Project State

TX

Project Zip

75075-5738

CD

TX-04

Jobs Reported

12

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1732.00

Payroll Proceed

271435.00

Mortgage Interest Proceed

8665.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6030.00

Debt Interest Proceed

9035

Business Type

Corporation

Originating Lender Location Id

368915

Originating Lender

Veritex Community Bank

Originating Lender City

Dallas

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

300101.86

Forgiveness Date

05/21/2021

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