PPP Loan information for Novelty inc

$1,320,000

Novelty inc was initially approved for PPP Loan of amount $1,320,000, the current approved amount is $1,320,000. The loan was approved on 04/12/2020 by The PNC Bank, National Association reported 117 jobs and $1,320,000 was used to fund payroll.

Novelty inc is Existing or more than 2 years old

NOVELTY INC

Date Approved

04/12/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

NOVELTY INC

Borrower Address

351 W MUSKEGON DR

Borrower City

GREENFIELD

Borrower State

IN

Borrower Zip

46140-3071

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1320000.00

Current Approval Amount

1320000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENFIELD

Project County Name

HANCOCK

Project State

IN

Project Zip

46140-3071

CD

IN-06

Jobs Reported

117

NAICS Code

423920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1320000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1329020.00

Forgiveness Date

12/17/2020

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