# PPP loan: AREVO, INC.
> **$942K** approved 04/28/2020 · Paid in Full · Loan `7971357206`
## Borrower
- **Name:** AREVO, INC.
- **Address:** 1450 McCarthy Blvd, Milpitas, CA, 95035
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $942K
- **Initial approval:** $942K
- **Forgiven:** $954K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $842K
- **Rent:** $100K
- **Jobs reported:** 36
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*