PPP Loan information for Nove communications, inc.

$177,867

Nove communications, inc. was initially approved for PPP Loan of amount $177,867, the current approved amount is $177,867. The loan was approved on 04/06/2020 by The Mercantile Bank reported 16 jobs and $177,867 was used to fund payroll.

Nove communications, inc. is Existing or more than 2 years old

PPP Loan Search / MI / KALAMAZOO / Nove communications, inc.

NOVE COMMUNICATIONS, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NOVE COMMUNICATIONS, INC.

Borrower Address

259 E MICHIGAN AVE Suite 208

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49007-3909

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177867.00

Current Approval Amount

177867.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49007-3909

CD

MI-04

Jobs Reported

16

NAICS Code

541810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

452.00

Payroll Proceed

156881.00

Mortgage Interest Proceed

0.00

Rent Proceed

12005.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6566.00

Debt Interest Proceed

1963

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178856.23

Forgiveness Date

11/03/2020

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