# PPP loan: AVALON BUILDING CONCEPTS, INC.
> **$440K** approved 04/12/2020 · Paid in Full · Loan `3853717110`
## Borrower
- **Name:** AVALON BUILDING CONCEPTS, INC.
- **Address:** 5017 s DIVISION AVE, GRAND RAPIDS, MI, 49548-5601
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $440K
- **Initial approval:** $440K
- **Forgiven:** $445K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Jobs reported:** 63
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*