PPP Loan information for Novaspect, inc.

$5,725,900

Novaspect, inc. was initially approved for PPP Loan of amount $5,725,900, the current approved amount is $5,725,900. The loan was approved on 04/05/2020 by The Village Bank and Trust, National Association reported 260 jobs and $5,725,900 was used to fund payroll.

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

PPP Loan Search / IL / SCHAUMBURG / Novaspect, inc.

NOVASPECT, INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NOVASPECT, INC.

Borrower Address

1124 TOWER RD

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-4306

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5725900.00

Current Approval Amount

5725900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60173-4306

CD

IL-08

Jobs Reported

260

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

715737.50

Payroll Proceed

4294425.00

Mortgage Interest Proceed

715737.50

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

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5789203.01

Forgiveness Date

05/19/2021

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