# PPP loan: AEROSPACE AMERICA
> **$301K** approved 01/16/2021 · Paid in Full · Loan `1270398301`
## Borrower
- **Name:** AEROSPACE AMERICA
- **Address:** 900 Harry S Truman Pkwy, Bay City, MI, 48706-4171
- **NAICS:** 333413
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 05/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $301K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*