# PPP loan: AVENEW REALTY INCORPORATED
> **$160K** approved 08/08/2020 · Charged Off · Loan `5669068209`
## Borrower
- **Name:** AVENEW REALTY INCORPORATED
- **Address:** 355 S GRAND AVE STE 2450, LOS ANGELES, CA, 90071-9500
- **NAICS:** 522220
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $99K (62%)
- **Forgiveness date:** 01/19/2022
- **Status:** Charged Off
- **Term:** 11 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 11
## Lender
- **Originating:** MBE Capital Partners
- **Servicing:** Lendistry-Federal Reserve (MBE) Contract (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*