# PPP loan: MAYDAY AVIONICS INC
> **$259K** approved 01/16/2021 · Paid in Full · Loan `1004618303`
## Borrower
- **Name:** MAYDAY AVIONICS INC
- **Address:** 5500 44th St SE Bldg 200, Grand Rapids, MI, 49512-4159
- **NAICS:** 488190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $260K (100%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $259K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Sturgis Bank & Trust Company
- **Servicing:** Sturgis Bank & Trust Company (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*