Novotech, INC

$190,900 PPP Loan in Acton, Massachusetts

Loan Details

Loan Number
8956667103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$190,900
Current Approval
$190,900
Forgiveness Amount
$192,507
Forgiveness Date
Feb 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Novotech, INC
Address
916 Main St
City
Acton
ZIP Code
01720-5808
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333314)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$154,900
Utilities
$5,000
Health Care
$31,000

Lender Information

Servicing Lender
Enterprise Bank and Trust Company
Originating Lender
Enterprise Bank and Trust Company

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