# PPP loan: NOVA ENTERPRISES, INC.
> **$250K** approved 04/08/2020 · Paid in Full · Loan `8370627007`
## Borrower
- **Name:** NOVA ENTERPRISES, INC.
- **Address:** 2036 N Western, CHICAGO, IL, 60647
- **NAICS:** 611692
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Rent:** $31K
- **Utilities:** $31K
- **Jobs reported:** 39
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*