# PPP loan: NOVATO-RICHMOND INC DBA SORT-TEK INSPECTION SYSTEMS
> **$196K** approved 04/13/2020 · Paid in Full · Loan `5099427102`
## Borrower
- **Name:** NOVATO-RICHMOND INC DBA SORT-TEK INSPECTION SYSTEMS
- **Address:** 5004 Rockaway Ln, Clarkston, MI, 48348-5042
- **NAICS:** 336111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 26
## Lender
- **Originating:** Pathward National Association
- **Servicing:** Pathward National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*