# PPP loan: AERO CHARTER, INC.
> **$945K** approved 04/10/2020 · Exemption 4 · Loan `2254087104`
## Borrower
- **Name:** AERO CHARTER, INC.
- **Address:** 501 TURBINE AVE, CHESTERFIELD, MO, 63005-3630
- **NAICS:** 481211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $945K
- **Initial approval:** $945K
- **Forgiven:** $686K (73%)
- **Forgiveness date:** 03/28/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $849K
- **Rent:** $25K
- **Mortgage interest:** $29K
- **Utilities:** $22K
- **Debt interest:** $21K
- **Jobs reported:** 63
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*