As part of the Paycheck Protection Program NOVEL ENERGY SOLUTIONS L. L. C was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NOVEL ENERGY SOLUTIONS L. L. C


Loan Amount	$1,778,021
BusinessName	NOVEL ENERGY SOLUTIONS L. L. C
Address	2303 Wycliff St STE 300
City	SAINT PAUL
State	MN
Zip	55114
NAICSCode	221114
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	83
DateApproved	04/04/2020
Lender	First Western Bank & Trust
CD	MN-04
BusinessName.clean	NOVEL ENERGY SOLUTIONS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NOVEL HOME HEALTH CARE SERVICES OF NEW Y
NOVEL IRON WORKS
NOVELART MANUFACTURING COMPANY
NOVELTY
NOVELTY MAGAZINES