PPP Loan information for Novi it inc

$171,933

Novi it inc was initially approved for PPP Loan of amount $171,933, the current approved amount is $171,933. The loan was approved on 01/20/2021 by The Bank of Ann Arbor reported 7 jobs and $171,933 was used to fund payroll.

Novi it inc is Existing or more than 2 years old

NOVI IT INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NOVI IT INC

Borrower Address

22710 Haggerty Rd Ste 192

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48335-2644

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

171932.50

Current Approval Amount

171932.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-2644

CD

MI-11

Jobs Reported

7

NAICS Code

541511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

171929.50

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

173548.19

Forgiveness Date

01/04/2022

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