# PPP loan: FRANK NOVOTNY AND ASSOCIATES, INC. DBA NOVOTNY ENGINEERING
> **$236K** approved 05/01/2020 · Paid in Full · Loan `3232227701`
## Borrower
- **Name:** FRANK NOVOTNY AND ASSOCIATES, INC. DBA NOVOTNY ENGINEERING
- **Address:** 545 PLAINFIELD RD STE A, WILLOWBROOK, IL, 60527
- **NAICS:** —
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 12/18/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Rent:** $17K
- **Utilities:** $3K
- **Health care:** $21K
- **Jobs reported:** 140
## 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*