# PPP loan: NOVEL RESPONSES, INC.
> **$440K** approved 04/10/2020 · Paid in Full · Loan `2217097108`
## Borrower
- **Name:** NOVEL RESPONSES, INC.
- **Address:** 526 W Centre AVe, PORTAGE, MI, 49024-5306
- **NAICS:** 624110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $440K
- **Initial approval:** $440K
- **Forgiven:** $443K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $352K
- **Mortgage interest:** $44K
- **Utilities:** $44K
- **Jobs reported:** 61
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*