# PPP loan: NOVA GROUP GBC
> **$2.00M** approved 01/25/2021 · Paid in Full · Loan `5445498308`
## Borrower
- **Name:** NOVA GROUP GBC
- **Address:** 1107 Hazeltine Blvd Ste 400, Chaska, MN, 55318-1049
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 144
## Lender
- **Originating:** Reliance Bank
- **Servicing:** Reliance Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*