# PPP loan: AVID PALLET RECYCLING, LLC
> **$224K** approved 04/14/2020 · Paid in Full · Loan `6037077103`
## Borrower
- **Name:** AVID PALLET RECYCLING, LLC
- **Address:** 1416 CRANSTON RD, BELOIT, WI, 53511-2538
- **NAICS:** 321920
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Rent:** $45K
- **Jobs reported:** 31
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*