# PPP loan: AVALON TX OPERATING LLC
> **$675K** approved 04/12/2020 · Paid in Full · Loan `3874537103`
## Borrower
- **Name:** AVALON TX OPERATING LLC
- **Address:** 1600 W BROADWAY ST, ANDREWS, TX, 79714-6007
- **NAICS:** 213111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $675K
- **Initial approval:** $675K
- **Forgiven:** $680K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $506K
- **Utilities:** $169K
- **Jobs reported:** 29
## Lender
- **Originating:** Washington Federal Bank d/b/a WaFd Bank
- **Servicing:** Washington Federal Bank d/b/a WaFd Bank (WA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*