# PPP loan: AVALON EQUIPMENT CORPORATION
> **$315K** approved 04/28/2020 · Paid in Full · Loan `6904617207`
## Borrower
- **Name:** AVALON EQUIPMENT CORPORATION
- **Address:** 3194 Lionshead Ave., Carlsbad, CA, 92010
- **NAICS:** 423490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $315K
- **Jobs reported:** 30
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*