# PPP loan: THE AVALON GROUP INC.
> **$171K** approved 04/30/2020 · Paid in Full · Loan `5053927300`
## Borrower
- **Name:** THE AVALON GROUP INC.
- **Address:** 27758 Santa Margarita Pkwy #203, Mission Viejo, CA, 92691
- **NAICS:** 561499
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 14
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*