# PPP loan: PARK AVENUE CENTER INC.
> **$1.21M** approved 01/26/2021 · Paid in Full · Loan `5994718305`
## Borrower
- **Name:** PARK AVENUE CENTER INC.
- **Address:** 2318 Park Ave, Minneapolis, MN, 55404-3712
- **NAICS:** 621420
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 135
## Lender
- **Originating:** Alliance Bank
- **Servicing:** Alliance Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*