PPP Loan information for Nova electric inc.

$15,008

Nova electric inc. was initially approved for PPP Loan of amount $15,008, the current approved amount is $15,008. The loan was approved on 01/25/2021 by The First Merchants Bank reported 3 jobs and $15,008 was used to fund payroll.

Nova electric inc. is Existing or more than 2 years old

NOVA ELECTRIC INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NOVA ELECTRIC INC.

Borrower Address

12325 Nixon Ave

Borrower City

Riverview

Borrower State

MI

Borrower Zip

48193-4501

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15007.50

Current Approval Amount

15007.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Riverview

Project County Name

WAYNE

Project State

MI

Project Zip

48193-4501

CD

MI-06

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

15003.50

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15103.71

Forgiveness Date

09/20/2021

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