# PPP loan: AVAGO CORP.
> **$278K** approved 05/01/2020 · Paid in Full · Loan `2678027700`
## Borrower
- **Name:** AVAGO CORP.
- **Address:** 701 N FORT LAUDERDALE BEACH BLVD UNIT TH2, FT LAUDERDALE, FL, 33304
- **NAICS:** 999990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Rent:** $51K
- **Utilities:** $19K
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*