# PPP loan: NOVESKE RIFLEWORKS LLC
> **$300K** approved 04/11/2020 · Paid in Full · Loan `3247057102`
## Borrower
- **Name:** NOVESKE RIFLEWORKS LLC
- **Address:** 594 NE E, GRANTS PASS, OR, 97526-2351
- **NAICS:** 332994
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Rent:** $15K
- **Utilities:** $5K
- **Jobs reported:** 33
## Lender
- **Originating:** Peoples Bank of Commerce
- **Servicing:** Peoples Bank of Commerce (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*