PPP Loan information for Novi precision products inc

$566,100

Novi precision products inc was initially approved for PPP Loan of amount $566,100, the current approved amount is $566,100. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 30 jobs and $566,100 was used to fund payroll.

Novi precision products inc is Existing or more than 2 years old

PPP Loan Search / MI / BRIGHTON / Novi precision products inc

NOVI PRECISION PRODUCTS INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NOVI PRECISION PRODUCTS INC

Borrower Address

11777 GRAND RIVER RD

Borrower City

BRIGHTON

Borrower State

MI

Borrower Zip

48116-9617

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

566100.00

Current Approval Amount

566100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRIGHTON

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48116-9617

CD

MI-07

Jobs Reported

30

NAICS Code

333519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

566100.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

559884.57

Forgiveness Date

12/21/2020

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