PPP Loan information for Novalux, inc.

$68,427

Novalux, inc. was initially approved for PPP Loan of amount $68,427, the current approved amount is $68,427. The loan was approved on 06/26/2020 by The West Shore Bank reported 7 jobs and $68,427 was used to fund payroll.

Novalux, inc. is Existing or more than 2 years old

NOVALUX, INC.

Date Approved

06/26/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NOVALUX, INC.

Borrower Address

212 E. Ludington Ave

Borrower City

LUDINGTON

Borrower State

MI

Borrower Zip

49431-2119

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68427.00

Current Approval Amount

68427.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36467

Servicing Lender Name

West Shore Bank

Servicing Lender Address

201 W Loomis St

Servicing Lender City

LUDINGTON

Servicing Lender State

MI

Servicing Lender Zip

49431-2012

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LUDINGTON

Project County Name

MASON

Project State

MI

Project Zip

49431-2119

CD

MI-02

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

68427.00

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

36467

Originating Lender

West Shore Bank

Originating Lender City

LUDINGTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

68839.46

Forgiveness Date

02/11/2021

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