# PPP loan: NOVALSYS INC
> **$224K** approved 01/30/2021 · Paid in Full · Loan `8944668309`
## Borrower
- **Name:** NOVALSYS INC
- **Address:** 902 Broadway Fl 6, New York, NY, 10010-6039
- **NAICS:** 511210
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $224K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*