# PPP loan: NOVELAIRE TECHNOLOGIES, L.L.C.
> **$349K** approved 05/01/2020 · Paid in Full · Loan `1855827701`
## Borrower
- **Name:** NOVELAIRE TECHNOLOGIES, L.L.C.
- **Address:** 10132 MAMMOTH AVE, BATON ROUGE, LA, 70814
- **NAICS:** 333413
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $282K
- **Rent:** $7K
- **Mortgage interest:** $10K
- **Utilities:** $10K
- **Health care:** $27K
- **Debt interest:** $13K
- **Jobs reported:** 20
## 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*