PPP Loan information for Nova restaurants inc

$3,291,735

Nova restaurants inc was initially approved for PPP Loan of amount $3,300,000, the current approved amount is $3,291,735. The loan was approved on 04/08/2020 by The City National Bank of Florida reported 500 jobs and $3,291,735 was used to fund payroll.

Nova restaurants inc is Existing or more than 2 years old

NOVA RESTAURANTS INC

Date Approved

04/08/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

NOVA RESTAURANTS INC

Borrower Address

5751 NW 151 Street

Borrower City

MIAMI

Borrower State

FL

Borrower Zip

33014

Loan Status Date

09/21/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3300000.00

Current Approval Amount

3291735.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIAMI

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33014-0001

CD

FL-26

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

822933.00

Payroll Proceed

2468802.00

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

Subchapter S Corporation

Originating Lender Location Id

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3329505.91

Forgiveness Date

08/18/2022

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