PPP Loan information for Novel iron works inc

$1,157,300

Novel iron works inc was initially approved for PPP Loan of amount $1,157,300, the current approved amount is $1,157,300. The loan was approved on 04/07/2020 by The Bangor Savings Bank reported 97 jobs and $1,157,300 was used to fund payroll.

Novel iron works inc is Existing or more than 2 years old

PPP Loan Search / NH / GREENLAND / Novel iron works inc

NOVEL IRON WORKS INC

Date Approved

04/07/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

NOVEL IRON WORKS INC

Borrower Address

250 Ocean Road

Borrower City

GREENLAND

Borrower State

NH

Borrower Zip

03840-2431

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1157300.00

Current Approval Amount

1157300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENLAND

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03840-2431

CD

NH-01

Jobs Reported

97

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1157300.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1166108.34

Forgiveness Date

01/14/2021

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