# PPP loan: AVELLINO LAB USA INC
> **$768K** approved 05/01/2020 · Paid in Full · Loan `3995517703`
## Borrower
- **Name:** AVELLINO LAB USA INC
- **Address:** 1505 ADAMS DRIVE SUITE B2, MENLO PARK, CA, 94025
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $768K
- **Initial approval:** $768K
- **Forgiven:** $597K (78%)
- **Forgiveness date:** 07/22/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $768K
- **Jobs reported:** 29
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*