# PPP loan: LEON S. AVAKIAN INC.
> **$530K** approved 04/27/2020 · Paid in Full · Loan `3691377209`
## Borrower
- **Name:** LEON S. AVAKIAN INC.
- **Address:** 788 Wayside Road, Neptune, NJ, 07753-2766
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $530K
- **Initial approval:** $274K
- **Forgiven:** $536K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $530K
- **Jobs reported:** 31
## Lender
- **Originating:** Manasquan Bank
- **Servicing:** Manasquan Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*