Novatec INC

$2,061,900 PPP Loan in Baltimore, Maryland

Loan Details

Loan Number
5443897005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,061,900
Current Approval
$2,061,900
Forgiveness Amount
$2,085,497
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Novatec INC
Address
222 East Thomas Avenue
ZIP Code
21225-3327
Business Type
Corporation
Industry (NAICS)
Manufacturing (333994)
Business Age
Existing or more than 2 years old
Jobs Reported
133
Estimated Revenue
$34.8M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$2,061,900

Lender Information

Servicing Lender
First National Bank of Pennsylvania
Originating Lender
First National Bank of Pennsylvania

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