# PPP loan: NOVALSYS, INC
> **$172K** approved 04/29/2020 · Paid in Full · Loan `3941897303`
## Borrower
- **Name:** NOVALSYS, INC
- **Address:** 902 Broadway 6th Floor, New York, NY, 10010
- **NAICS:** 511210
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 17
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*