# PPP loan: NOVELCATH INC
> **$181K** approved 05/01/2020 · Paid in Full · Loan `4714477703`
## Borrower
- **Name:** NOVELCATH INC
- **Address:** 8609 XYLON CT. N SUITE 101, BROOKLYN PARK, MN, 55445
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Jobs reported:** 27
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*