PPP Loan information for Novelty manufacturing co

$663,130

Novelty manufacturing co was initially approved for PPP Loan of amount $663,130, the current approved amount is $663,130. The loan was approved on 04/10/2020 by The Fulton Bank, National Association reported 45 jobs and $663,130 was used to fund payroll.

Novelty manufacturing co is Existing or more than 2 years old

NOVELTY MANUFACTURING CO

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

NOVELTY MANUFACTURING CO

Borrower Address

1330 Loop Rd

Borrower City

Lancaster

Borrower State

PA

Borrower Zip

17601-3116

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

663130.00

Current Approval Amount

663130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lancaster

Project County Name

LANCASTER

Project State

PA

Project Zip

17601-3116

CD

PA-11

Jobs Reported

45

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

497347.50

Mortgage Interest Proceed

165782.50

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

671234.92

Forgiveness Date

07/07/2021

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