PPP Loan information for Novelty technologies

$20,833

Novelty technologies was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 02/20/2021 by The Magnifi Financial CU reported 1 jobs and $20,833 was used to fund payroll.

Novelty technologies is Existing or more than 2 years old

NOVELTY TECHNOLOGIES

Date Approved

02/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NOVELTY TECHNOLOGIES

Borrower Address

3435 Promenade Ave Apt 906

Borrower City

Eagan

Borrower State

MN

Borrower Zip

55123-4415

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eagan

Project County Name

DAKOTA

Project State

MN

Project Zip

55123-4415

CD

MN-02

Jobs Reported

1

NAICS Code

541511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20831.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20976.26

Forgiveness Date

11/05/2021

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