# PPP loan: AVANT TECNO USA INC
> **$361K** approved 04/10/2020 · Paid in Full · Loan `1926797104`
## Borrower
- **Name:** AVANT TECNO USA INC
- **Address:** 3020 MALMO DRIVE, ARLINGTON HEIGHTS, IL, 60005-4728
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $297K
- **Rent:** $43K
- **Utilities:** $7K
- **Health care:** $14K
- **Jobs reported:** 21
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*