# PPP loan: AVA ELECTRIC COMPANY INCORPORATED
> **$431K** approved 02/27/2021 · Paid in Full · Loan `5507268501`
## Borrower
- **Name:** AVA ELECTRIC COMPANY INCORPORATED
- **Address:** 5717 Dix St NE, Washington, DC, 20019-6918
- **NAICS:** 238210
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $431K
- **Initial approval:** $431K
- **Forgiven:** $434K (101%)
- **Forgiveness date:** 10/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $431K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*