COVID Stimulus Watch Individual Entry

Recipient Company:
NOVAN INC
Loan or Loan Guarantee Amount:
$955,800

Recipient Details

Ownership Structure: publicly traded (ticker symbol NOVN)
Facility Street Address: 4105 Hopson Road
Facility City: Morrisville
Facility State: NC
Facility Zip Code: 27560
Facility Congressional District: NC-04
Facility NAICS Code: 325412 : Pharmaceutical Preparation Manufacturing

Award Details

Award Date: Apr 14, 2020
Award Type: loan
PPP Lender: PNC Bank, National Association
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/1467154/000146715420000055/novn-...

Parent Company Data

Parent Company: Novan, Inc.
Headquartered in: North Carolina
Parent Sector: pharmaceuticals
Parent Industry: biotechnology
Employees (prior to pandemic): 42

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Good Jobs First has no data in this category
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
CEO Compensation: $1,459,975
Tax icon
Good Jobs First has no data in this category

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues