# PPP loan: NOVEL HOME HEALTH CARE SERVICES OF NEW Y
> **$2.01M** approved 05/01/2020 · Paid in Full · Loan `1401437708`
## Borrower
- **Name:** NOVEL HOME HEALTH CARE SERVICES OF NEW Y
- **Address:** 247 PROSPECT AVE, BROOKLYN, NY, 11215
- **NAICS:** 621610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.01M
- **Initial approval:** $2.01M
- **Forgiven:** $2.03M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.01M
- **Jobs reported:** 361
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*