# PPP loan: AVI-CON, INC.
> **$382K** approved 04/08/2020 · Paid in Full · Loan `8254497008`
## Borrower
- **Name:** AVI-CON, INC.
- **Address:** 981 IOWA AVE STE A, RIVERSIDE, CA, 92507-1611
- **NAICS:** 238390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $386K (101%)
- **Forgiveness date:** 02/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Rent:** $30K
- **Utilities:** $3K
- **Health care:** $25K
- **Debt interest:** $650
- **Jobs reported:** 57
## Lender
- **Originating:** West Valley National Bank
- **Servicing:** West Valley National Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*