# PPP loan: ICONAVEST OPERATING LLC
> **$1.30M** approved 02/12/2021 · Paid in Full · Loan `7483508407`
## Borrower
- **Name:** ICONAVEST OPERATING LLC
- **Address:** 7849 Dune Dr, Avalon, NJ, 08202-1071
- **NAICS:** 722511
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.30M
- **Utilities:** $1
- **Jobs reported:** 156
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*