# PPP loan: NOVASTAR LP
> **$730K** approved 04/09/2020 · Charged Off · Loan `9475997003`
## Borrower
- **Name:** NOVASTAR LP
- **Address:** 2104 MULBERRY LN, MIDLAND, TX, 79706-4319
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $730K
- **Initial approval:** $730K
- **Forgiven:** $678K (93%)
- **Forgiveness date:** 09/20/2021
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $730K
- **Jobs reported:** 40
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*