PPP Loan information for Nowland associates, inc.

$550,000

Nowland associates, inc. was initially approved for PPP Loan of amount $550,000, the current approved amount is $550,000. The loan was approved on 04/07/2020 by The Wilmington Savings Fund Society, FSB reported 38 jobs and $550,000 was used to fund payroll.

Nowland associates, inc. is Existing or more than 2 years old

NOWLAND ASSOCIATES, INC.

Date Approved

04/07/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

NOWLAND ASSOCIATES, INC.

Borrower Address

2009 OGLETOWN RD

Borrower City

NEWARK

Borrower State

DE

Borrower Zip

19711-5432

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

550000.00

Current Approval Amount

550000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19711-5432

CD

DE-

Jobs Reported

38

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

550000.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

553043.84

Forgiveness Date

11/12/2020

;