# PPP loan: RUST'S FLYING SERVICE, INC.
> **$935K** approved 04/09/2020 · Exemption 4 · Loan `1143077104`
## Borrower
- **Name:** RUST'S FLYING SERVICE, INC.
- **Address:** PO BOX 190867, ANCHORAGE, AK, 99519-0867
- **NAICS:** 481211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $935K
- **Initial approval:** $406K
- **Forgiven:** $848K (91%)
- **Forgiveness date:** 02/22/2023
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $834K
- **Mortgage interest:** $96K
- **Utilities:** $5K
- **Jobs reported:** 14
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*