# PPP loan: JOHN P. NOVATNY ELECTRIC CO
> **$510K** approved 04/15/2020 · Paid in Full · Loan `9339257108`
## Borrower
- **Name:** JOHN P. NOVATNY ELECTRIC CO
- **Address:** 955 Evans Ave, AKRON, OH, 44305
- **NAICS:** 237130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $510K
- **Initial approval:** $510K
- **Forgiven:** $516K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $510K
- **Jobs reported:** 38
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*