PPP Loan information for Nuvar inc

$1,460,200

Nuvar inc was initially approved for PPP Loan of amount $1,460,200, the current approved amount is $1,460,200. The loan was approved on 04/05/2020 by The Mercantile Bank reported 138 jobs and $1,460,200 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

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NUVAR INC

Borrower Address

895 E 40TH ST

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423-5397

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1460200.00

Current Approval Amount

1460200.00

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

138

NAICS Code

337214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26000.00

Payroll Proceed

1225300.00

Mortgage Interest Proceed

0.00

Rent Proceed

88900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

120000.00

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

1472841.73

Forgiveness Date

02/24/2021

;