PPP Loan information for Novusway inc

$420,248

Novusway inc was initially approved for PPP Loan of amount $420,248, the current approved amount is $420,248. The loan was approved on 03/20/2021 by The Truist Bank reported 38 jobs and $420,248 was used to fund payroll.

Novusway inc is Existing or more than 2 years old

PPP Loan Search / NC / Arden / Novusway inc

NOVUSWAY INC

Date Approved

03/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

NOVUSWAY INC

Borrower Address

2049 Upper Laurel Dr

Borrower City

Arden

Borrower State

NC

Borrower Zip

28704-8536

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

420247.70

Current Approval Amount

420247.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Arden

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28704-8536

CD

NC-11

Jobs Reported

38

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

420245.70

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

425243.98

Forgiveness Date

06/01/2022

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