# PPP loan: BLUE NOVIS INC
> **$716K** approved 05/01/2020 · Paid in Full · Loan `1510947707`
## Borrower
- **Name:** BLUE NOVIS INC
- **Address:** 333 N DOBSON RD STE 116, CHANDLER, AZ, 85224
- **NAICS:** 561421
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $716K
- **Initial approval:** $716K
- **Forgiven:** $723K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $649K
- **Rent:** $31K
- **Utilities:** $16K
- **Health care:** $21K
- **Jobs reported:** 128
## 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*