PPP Loan information for Novamet specialty products corporation

$601,000

Novamet specialty products corporation was initially approved for PPP Loan of amount $601,000, the current approved amount is $601,000. The loan was approved on 04/13/2020 by The Regions Bank reported 35 jobs and $601,000 was used to fund payroll.

Novamet specialty products corporation is Existing or more than 2 years old

NOVAMET SPECIALTY PRODUCTS CORPORATION

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

NOVAMET SPECIALTY PRODUCTS CORPORATION

Borrower Address

1420 TOSHIBA DRIVE

Borrower City

LEBANON

Borrower State

TN

Borrower Zip

37087-1506

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

601000.00

Current Approval Amount

601000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

WILSON

Project State

TN

Project Zip

37087-1506

CD

TN-05

Jobs Reported

35

NAICS Code

339999

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

601000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

605890.33

Forgiveness Date

02/16/2021

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