# PPP loan: NAVE MOTORS, INC.
> **$202K** approved 04/14/2020 · Paid in Full · Loan `6527887102`
## Borrower
- **Name:** NAVE MOTORS, INC.
- **Address:** 1029  1ST ST, NOVATO, CA, 94945-2401
- **NAICS:** 811111
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Jobs reported:** 13
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*