# PPP loan: NOVITA
> **$190K** approved 03/26/2021 · Exemption 4 · Loan `9645238608`
## Borrower
- **Name:** NOVITA
- **Address:** 1518 S Mayflower Ave, Monrovia, CA, 91016-4513
- **NAICS:** 423940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $184K (97%)
- **Forgiveness date:** 08/18/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $190K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*