PPP borrower record

NOVAK ELECTRIC, INC. PPP loan record

Public SBA PPP loan record for NOVAK ELECTRIC, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$220,332
Approved amount
$222,016
Forgiven amount
2020-04-09
Date approved

Borrower and loan details

Borrower
NOVAK ELECTRIC, INC.
Loan number
9244677004
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Fairfax
Borrower state
Iowa
Borrower ZIP
52228
Jobs reported
23
Loan status
Paid in Full
Forgiveness date
2021-01-20
Servicing lender
Linn Area CU
Originating lender
Linn Area CU

Reported use of proceeds

Payroll
$195,580
Rent
$3,800
Utilities
$854
Mortgage interest
$2,492
Health care
$17,606
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.
NOVAK ELECTRIC, INC. PPP Loan Record | PPP Loan Map