# PPP loan: AVIDYNE CORPORATION
> **$1.95M** approved 04/07/2020 · Paid in Full · Loan `6649727000`
## Borrower
- **Name:** AVIDYNE CORPORATION
- **Address:** 710 NORTH DR, MELBOURNE, FL, 32934-9286
- **NAICS:** 334511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.95M
- **Initial approval:** $1.95M
- **Forgiven:** $1.97M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.95M
- **Jobs reported:** 118
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*