# PPP loan: NOVA HYDRAULICS INC.
> **$242K** approved 02/09/2021 · Paid in Full · Loan `5729898410`
## Borrower
- **Name:** NOVA HYDRAULICS INC.
- **Address:** 6212 Parliament Dr, Indianapolis, IN, 46220-4740
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $243K (100%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 12
## Lender
- **Originating:** The National Bank of Indianapolis
- **Servicing:** The National Bank of Indianapolis (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*