# PPP loan: AIR-WAY MANUFACTURING COMPANY
> **$3.94M** approved 04/10/2020 · Paid in Full · Loan `1309697103`
## Borrower
- **Name:** AIR-WAY MANUFACTURING COMPANY
- **Address:** 586 North Main Street 0.0, Olivet, MI, 49076-8636
- **NAICS:** 332912
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.94M
- **Initial approval:** $3.94M
- **Forgiven:** $3.99M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.00M
- **Mortgage interest:** $119K
- **Utilities:** $253K
- **Health care:** $527K
- **Debt interest:** $38K
- **Jobs reported:** 387
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*