# PPP loan: AVANTIC RESIDENTIAL INC.
> **$1.24M** approved 04/21/2021 · Paid in Full · Loan `7356548808`
## Borrower
- **Name:** AVANTIC RESIDENTIAL INC.
- **Address:** 5251 Dtc Pkwy Ste 1150, Greenwood Village, CO, 80111-2771
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.24M
- **Jobs reported:** 99
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*