# PPP loan: NOVO OPERATIONS
> **$358K** approved 04/16/2020 · Paid in Full · Loan `2913667204`
## Borrower
- **Name:** NOVO OPERATIONS
- **Address:** 950 TERRITORIAL RD W, BATTLE CREEK, MI, 49015
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $358K
- **Initial approval:** $358K
- **Forgiven:** $362K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Rent:** $38K
- **Mortgage interest:** $7K
- **Utilities:** $22K
- **Health care:** $6K
- **Jobs reported:** 134
## 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*