# PPP loan: AVERO LLC
> **$2.39M** approved 04/27/2020 · Exemption 4 · Loan `4343457207`
## Borrower
- **Name:** AVERO LLC
- **Address:** 235 Park Ave South Floor 7, NEW YORK, NY, 10003-1405
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.39M
- **Initial approval:** $2.39M
- **Forgiven:** $1.18M (50%)
- **Forgiveness date:** 11/24/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.39M
- **Jobs reported:** 113
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Peapack-Gladstone Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*