PPP Loan information for Novelty info tech inc

$489,055

Novelty info tech inc was initially approved for PPP Loan of amount $489,055, the current approved amount is $489,055. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 20 jobs and $489,055 was used to fund payroll.

Novelty info tech inc is Existing or more than 2 years old

NOVELTY INFO TECH INC

Date Approved

04/16/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NOVELTY INFO TECH INC

Borrower Address

4080 MCGINNIS FERRY RD STE 1408

Borrower City

ALPHARETTA

Borrower State

GA

Borrower Zip

30005

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

489055.00

Current Approval Amount

489055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALPHARETTA

Project County Name

FULTON

Project State

GA

Project Zip

30005-0001

CD

GA-06

Jobs Reported

20

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

489055.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

494353.64

Forgiveness Date

05/21/2021

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