# PPP loan: NOVALEX BIOTECH RESOURCES, LLC
> **$271K** approved 04/28/2020 · Paid in Full · Loan `8436247200`
## Borrower
- **Name:** NOVALEX BIOTECH RESOURCES, LLC
- **Address:** 40 CENTENNIAL AVE, REVERE, MA, 02151
- **NAICS:** 541714
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $265K (98%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 21
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*