# PPP loan: AVVR, INC.
> **$273K** approved 04/29/2020 · Paid in Full · Loan `3795497302`
## Borrower
- **Name:** AVVR, INC.
- **Address:** 940 VIERLING DR W, SHAKOPEE, MN, 55379-3548
- **NAICS:** 531210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $273K
- **Initial approval:** $273K
- **Forgiven:** $276K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Rent:** $24K
- **Utilities:** $4K
- **Jobs reported:** 20
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*