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Novak Electric Co

$345,139 PPP Loan in Elyria, Ohio

Loan Details

Loan Number
2500907206
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$345,139
Current Approval
$345,139
Forgiveness Amount
$348,798
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Novak Electric Co
Address
574 Ternes Lane
City
Elyria
State
Ohio
ZIP Code
44035
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
OH-04

Loan Use Breakdown

Payroll
$345,139

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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