# PPP loan: CH NOVI LLC
> **$261K** approved 04/10/2020 · Exemption 4 · Loan `1724007103`
## Borrower
- **Name:** CH NOVI LLC
- **Address:** 44425 W 12 Mile Rd, NOVI, MI, 48374
- **NAICS:** 512131
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $203K (78%)
- **Forgiveness date:** 09/02/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $261K
- **Jobs reported:** 104
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*