PPP Loan information for Novoct group

$89,899

Novoct group was initially approved for PPP Loan of amount $89,899, the current approved amount is $89,899. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $89,899 was used to fund payroll.

Novoct group is New Business or 2 years or less

PPP Loan Search / MA / MILTON / Novoct group

NOVOCT GROUP

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NOVOCT GROUP

Borrower Address

2 CARBERRY LN

Borrower City

MILTON

Borrower State

MA

Borrower Zip

02186-2351

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89899.00

Current Approval Amount

89899.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MILTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02186-2351

CD

MA-07

Jobs Reported

4

NAICS Code

541618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89899.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90662.53

Forgiveness Date

03/10/2021

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