PPP Loan information for Novel remodeling inc.

$275,000

Novel remodeling inc. was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 03/09/2021 by The Pacific Western Bank reported 50 jobs and $275,000 was used to fund payroll.

Novel remodeling inc. is Existing or more than 2 years old

NOVEL REMODELING INC.

Date Approved

03/09/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

NOVEL REMODELING INC.

Borrower Address

263 W Olive Ave # 122

Borrower City

Burbank

Borrower State

CA

Borrower Zip

91502-1825

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

14795

Servicing Lender Name

Pacific Western Bank

Servicing Lender Address

9701 Wilshire Blvd, Ste 700

Servicing Lender City

BEVERLY HILLS

Servicing Lender State

CA

Servicing Lender Zip

90212-2007

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burbank

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91502-1825

CD

CA-30

Jobs Reported

50

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

274997.00

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

Subchapter S Corporation

Originating Lender Location Id

14795

Originating Lender

Pacific Western Bank

Originating Lender City

BEVERLY HILLS

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

276567.12

Forgiveness Date

10/06/2021

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