# PPP loan: NOVA COMMUNICATIONS INC
> **$245K** approved 04/07/2020 · Paid in Full · Loan `7455417008`
## Borrower
- **Name:** NOVA COMMUNICATIONS INC
- **Address:** 16305 36TH AVE N #450, MINNEAPOLIS, MN, 55446-2698
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Rent:** $30K
- **Utilities:** $19K
- **Jobs reported:** 17
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*