# PPP loan: MUNCIE AVIATION COMPANY
> **$788K** approved 04/10/2020 · Paid in Full · Loan `1440147108`
## Borrower
- **Name:** MUNCIE AVIATION COMPANY
- **Address:** 5201 N Walnut St, MUNCIE, IN, 47303-9778
- **NAICS:** 488119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $788K
- **Initial approval:** $788K
- **Forgiven:** $795K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $709K
- **Mortgage interest:** $79K
- **Jobs reported:** 58
## Lender
- **Originating:** STAR Financial Bank
- **Servicing:** STAR Financial Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*