# PPP loan: APPLIED VISUAL TECHNOLOGY, INC.
> **$1.60M** approved 04/10/2020 · Paid in Full · Loan `2537717103`
## Borrower
- **Name:** APPLIED VISUAL TECHNOLOGY, INC.
- **Address:** 2606 CHALLENGER TECH CT STE 180, ORLANDO, FL, 32826-2714
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.63M (102%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Rent:** $200K
- **Utilities:** $200K
- **Jobs reported:** 96
## Lender
- **Originating:** First Source Federal Credit Union
- **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*