# PPP loan: FRANK NOVAK & SONS INC.
> **$1.94M** approved 05/01/2021 · Paid in Full · Loan `6182388900`
## Borrower
- **Name:** FRANK NOVAK & SONS INC.
- **Address:** 23940 Miles Rd, Cleveland, OH, 44128-5425
- **NAICS:** 238320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.94M
- **Initial approval:** $1.94M
- **Forgiven:** $1.97M (101%)
- **Forgiveness date:** 11/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.94M
- **Utilities:** $1
- **Jobs reported:** 96
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*