PPP Loan information for Novusway, inc.

$411,266

Novusway, inc. was initially approved for PPP Loan of amount $411,266, the current approved amount is $411,266. The loan was approved on 04/14/2020 by The Truist Bank reported 44 jobs and $411,266 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

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NOVUSWAY, INC.

Borrower Address

28 SPRUCE DR

Borrower City

ARDEN

Borrower State

NC

Borrower Zip

28704-9539

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

411266.00

Current Approval Amount

411266.00

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

28704-9539

CD

NC-11

Jobs Reported

44

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

411266.00

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

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

416555.34

Forgiveness Date

08/04/2021

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