# PPP loan: NOVELART MANUFACTURING COMPANY
> **$1.59M** approved 04/15/2020 · Paid in Full · Loan `9455217104`
## Borrower
- **Name:** NOVELART MANUFACTURING COMPANY
- **Address:** 2121 SECTION RD, CINCINNATI, OH, 45237-3509
- **NAICS:** 424940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.59M
- **Jobs reported:** 165
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*