Novatech Industries, Inc.

$603,970 PPP Loan in Ontario, New York

Loan Details

Loan Number
8798807101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$603,970
Current Approval
$603,970
Forgiveness Amount
$611,466
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Novatech Industries, Inc.
Address
6319 Dean Parkway
ZIP Code
14519
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$12.6M
Rural/Urban
Rural
Congressional District
NY-24

Loan Use Breakdown

Payroll
$543,970
Health Care
$60,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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