# PPP loan: AVACEND CORPORATION
> **$1.18M** approved 02/20/2021 · Paid in Full · Loan `2543328510`
## Borrower
- **Name:** AVACEND CORPORATION
- **Address:** 3155 North Point Pkwy, Alpharetta, GA, 30005-5481
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.18M
- **Initial approval:** $1.18M
- **Forgiven:** $1.18M (100%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.18M
- **Jobs reported:** 81
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*