# PPP loan: THE AVASCENT GROUP, LTD
> **$2.08M** approved 04/07/2020 · Paid in Full · Loan `6487757005`
## Borrower
- **Name:** THE AVASCENT GROUP, LTD
- **Address:** 1615 L Street, NW Suite 1200, WASHINGTON, DC, 20036-5597
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.08M
- **Initial approval:** $2.08M
- **Forgiven:** $2.11M (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.08M
- **Jobs reported:** 104
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*