# PPP loan: AIR PRODUCTS EQUIPMENT COMPANY
> **$921K** approved 04/10/2020 · Paid in Full · Loan `1402787100`
## Borrower
- **Name:** AIR PRODUCTS EQUIPMENT COMPANY
- **Address:** 1555 Louis Ave 0.0, Elk Grove Village, IL, 60007-2313
- **NAICS:** 423730
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $921K
- **Initial approval:** $921K
- **Forgiven:** $932K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $768K
- **Mortgage interest:** $12K
- **Utilities:** $20K
- **Health care:** $120K
- **Debt interest:** $1K
- **Jobs reported:** 54
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*