# PPP loan: RICHARD AVELAR & ASSOCIATES RECONSTRUCTION SERVICES INC.
> **$1.54M** approved 02/25/2021 · Paid in Full · Loan `4307338510`
## Borrower
- **Name:** RICHARD AVELAR & ASSOCIATES RECONSTRUCTION SERVICES INC.
- **Address:** 2322 Bates Ave Ste G, Concord, CA, 94520-8564
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 05/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.54M
- **Utilities:** $1
- **Jobs reported:** 79
## Lender
- **Originating:** Technology CU
- **Servicing:** Technology CU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*