PPP Loan information for Nuvar inc.

$1,460,256

Nuvar inc. was initially approved for PPP Loan of amount $1,460,256, the current approved amount is $1,460,256. The loan was approved on 01/21/2021 by The Mercantile Bank reported 113 jobs and $1,460,256 was used to fund payroll.

Nuvar inc. is Existing or more than 2 years old

PPP Loan Search / MI / Holland / Nuvar inc.

NUVAR INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NUVAR INC.

Borrower Address

895 E 40th St

Borrower City

Holland

Borrower State

MI

Borrower Zip

49423-5397

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1460256.00

Current Approval Amount

1460256.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Holland

Project County Name

ALLEGAN

Project State

MI

Project Zip

49423-5397

CD

MI-02

Jobs Reported

113

NAICS Code

337214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1460252.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1466377.07

Forgiveness Date

06/25/2021

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