# PPP loan: ADVANCED AIR, INC
> **$245K** approved 04/15/2020 · Paid in Full · Loan `1065087209`
## Borrower
- **Name:** ADVANCED AIR, INC
- **Address:** 101 MCCANDLESS LN, STE 1, COUNCIL BLUFFS, IA, 51503-5910
- **NAICS:** 488119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Rent:** $52K
- **Utilities:** $10K
- **Jobs reported:** 43
## Lender
- **Originating:** TS Bank
- **Servicing:** TS Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*