# PPP loan: NOVU, INC.
> **$3.55M** approved 04/15/2020 · Paid in Full · Loan `9509377102`
## Borrower
- **Name:** NOVU, INC.
- **Address:** 5401 Gamble Drive Suite 300, Minneapolis, MN, 55416
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.55M
- **Initial approval:** $3.55M
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.45M
- **Rent:** $100K
- **Jobs reported:** 159
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*