PPP Loan information for Novotech, inc

$190,900

Novotech, inc was initially approved for PPP Loan of amount $190,900, the current approved amount is $190,900. The loan was approved on 04/15/2020 by The Enterprise Bank and Trust Company reported 13 jobs and $190,900 was used to fund payroll.

Novotech, inc is Existing or more than 2 years old

NOVOTECH, INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NOVOTECH, INC

Borrower Address

916 MAIN ST

Borrower City

ACTON

Borrower State

MA

Borrower Zip

01720-5808

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190900.00

Current Approval Amount

190900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ACTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01720-5808

CD

MA-03

Jobs Reported

13

NAICS Code

333314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

154900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

31000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

192506.74

Forgiveness Date

02/22/2021

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