# PPP loan: NOVUS ENERGY TECHNOLOGIES INC
> **$164K** approved 05/08/2020 · Charged Off · Loan `4011247403`
## Borrower
- **Name:** NOVUS ENERGY TECHNOLOGIES INC
- **Address:** 400 PARK OFFICE DR. SUITE 111, RESEARCH TRIANGLE PARK, NC, 27709
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $15K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 13
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*