# PPP loan: NOVO PRECISION LLC
> **$602K** approved 05/07/2021 · Paid in Full · Loan `7795448902`
## Borrower
- **Name:** NOVO PRECISION LLC
- **Address:** 150 Dolphin Rd, Bristol, CT, 06010-8041
- **NAICS:** 332710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $602K
- **Initial approval:** $602K
- **Forgiven:** $605K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $602K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*