# PPP loan: AMERICAN MELT BLOWN & FILTRATION, INC
> **$591K** approved 05/01/2020 · Paid in Full · Loan `1574907705`
## Borrower
- **Name:** AMERICAN MELT BLOWN & FILTRATION, INC
- **Address:** 1030 E ELM ST, RENSSELAER, IN, 47978
- **NAICS:** 322121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $591K
- **Initial approval:** $591K
- **Forgiven:** $597K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $466K
- **Rent:** $21K
- **Mortgage interest:** $12K
- **Utilities:** $56K
- **Health care:** $35K
- **Jobs reported:** 77
## 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*