# PPP loan: AVAN PRECAST CONCRETE PRODUCTS, INC.
> **$270K** approved 04/04/2020 · Paid in Full · Loan `5032027008`
## Borrower
- **Name:** AVAN PRECAST CONCRETE PRODUCTS, INC.
- **Address:** 3201 211th Street, LYNWOOD, IL, 60411-8788
- **NAICS:** 327390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Utilities:** $68K
- **Jobs reported:** 15
## Lender
- **Originating:** Old Plank Trail Community Bank, National Association
- **Servicing:** Old Plank Trail Community Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*