# PPP loan: AIR STRUCTURES AMERICAN TECHNOLOGIES INC.
> **$260K** approved 05/01/2020 · Paid in Full · Loan `1587787705`
## Borrower
- **Name:** AIR STRUCTURES AMERICAN TECHNOLOGIES INC.
- **Address:** 211 S RIDGE ST, RYE BROOK, NY, 10573
- **NAICS:** 314910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Rent:** $21K
- **Utilities:** $9K
- **Health care:** $14K
- **Debt interest:** $8K
- **Jobs reported:** 22
## 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*