Novatech LLC

$4,002,082 PPP Loan in Quakertown, Pennsylvania

Loan Details

Loan Number
9507757007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$4,002,082
Current Approval
$4,002,082
Forgiveness Amount
$4,048,602
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Novatech LLC
Address
1720 Molasses Way 0.0
ZIP Code
18951-3360
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541512)
Business Age
Existing or more than 2 years old
Jobs Reported
215
Estimated Revenue
$44.5M
Rural/Urban
Urban
Congressional District
PA-01

Loan Use Breakdown

Payroll
$3,395,835
Rent
$226,756
Utilities
$58,530
Health Care
$320,961

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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