# PPP loan: NOVELTY MANUFACTURING CO
> **$663K** approved 04/10/2020 · Paid in Full · Loan `1733147101`
## Borrower
- **Name:** NOVELTY MANUFACTURING CO
- **Address:** 1330 Loop Rd, Lancaster, PA, 17601-3116
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $663K
- **Initial approval:** $663K
- **Forgiven:** $671K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $497K
- **Mortgage interest:** $166K
- **Jobs reported:** 45
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*