PPP Loan information for Aeroflow inc

$3,588,255

Aeroflow inc was initially approved for PPP Loan of amount $3,588,255, the current approved amount is $3,588,255. The loan was approved on 04/29/2020 by The American Express National Bank reported 334 jobs and $3,588,255 was used to fund payroll.

Aeroflow inc is Existing or more than 2 years old

AEROFLOW INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AEROFLOW INC

Borrower Address

3165 Sweeten Creek Road

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28803

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3588255.00

Current Approval Amount

3588255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28803-0001

CD

NC-11

Jobs Reported

334

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3121781.85

Mortgage Interest Proceed

0.00

Rent Proceed

143530.20

Refinance EIDL Proceed

0.00

Health Care Proceed

322942.95

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3628168.19

Forgiveness Date

06/22/2021

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