PPP Loan information for Novan inc

$955,800

Novan inc was initially approved for PPP Loan of amount $955,800, the current approved amount is $955,800. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 28 jobs and $955,800 was used to fund payroll.

Novan inc is Unanswered

NOVAN INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NOVAN INC

Borrower Address

4105 Hopson Road

Borrower City

Morrisville

Borrower State

NC

Borrower Zip

27560-9018

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

955800.00

Current Approval Amount

955800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

Morrisville

Project County Name

WAKE

Project State

NC

Project Zip

27560-9018

CD

NC-04

Jobs Reported

28

NAICS Code

325412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

955800.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

966871.35

Forgiveness Date

06/15/2021

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