# PPP loan: APJET, INC.
> **$159K** approved 04/10/2020 · Paid in Full · Loan `1308147100`
## Borrower
- **Name:** APJET, INC.
- **Address:** 523 DAVIS DR SUITE 100, MORRISVILLE, NC, 27560-6554
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $127K
- **Rent:** $24K
- **Utilities:** $8K
- **Jobs reported:** 9
## Lender
- **Originating:** Fairfield County Bank
- **Servicing:** Fairfield County Bank (CT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*