# PPP loan: AVONDALE ESTATES  OF ELGIN, LLC
> **$596K** approved 04/06/2020 · Paid in Full · Loan `5691927000`
## Borrower
- **Name:** AVONDALE ESTATES  OF ELGIN, LLC
- **Address:** 1760 Capital St., ELGIN, IL, 60124-7890
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $596K
- **Initial approval:** $707K
- **Forgiven:** $603K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $447K
- **Rent:** $149K
- **Jobs reported:** 110
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*