# PPP loan: NOVEL ENERGY SOLUTIONS LLC
> **$1.78M** approved 04/04/2020 · Paid in Full · Loan `4645727004`
## Borrower
- **Name:** NOVEL ENERGY SOLUTIONS LLC
- **Address:** 2303 Wycliff St STE 300, SAINT PAUL, MN, 55114-1217
- **NAICS:** 221114
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.78M
- **Initial approval:** $1.79M
- **Forgiven:** $1.50M (84%)
- **Forgiveness date:** 01/24/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.78M
- **Jobs reported:** 83
## Lender
- **Originating:** First Western Bank & Trust
- **Servicing:** First Western Bank & Trust (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*