A NOVEL IDEA LLC (NC) - 2020 PPP Loan Borrower Profile (# 7239248301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A NOVEL IDEA LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Carolina.

Loan Detail

Loan Number

7239248301

SBA Office Code

0460

Processing Method

PPS

Curent Loan Amount

$161,800

Date Loan was Approved

Jan 28, 2021

Amount Forgiven

$163,227.39

Date Loan was Forgiven

Dec 21, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

161,795

Lender

First-Citizens Bank & Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

451211

Borrower Location

RALEIGH, NC

Project Location

RALEIGH, NC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.