# PPP loan: NOVINIUM INC
> **$5.37M** approved 04/08/2020 · Paid in Full · Loan `8735537008`
## Borrower
- **Name:** NOVINIUM INC
- **Address:** 22820 Russell Road, KENT, WA, 98032-4892
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.37M
- **Initial approval:** $7.31M
- **Forgiven:** $5.42M (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.37M
- **Jobs reported:** 267
## Lender
- **Originating:** Dogwood State Bank
- **Servicing:** Dogwood State Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*