# PPP loan: AIR CENTER INC
> **$517K** approved 04/10/2020 · Paid in Full · Loan `2540547101`
## Borrower
- **Name:** AIR CENTER INC
- **Address:** 1201 E WHITCOMB AVE, MADISON HEIGHTS, MI, 48071-5616
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $517K
- **Initial approval:** $517K
- **Forgiven:** $521K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $414K
- **Mortgage interest:** $103K
- **Jobs reported:** 38
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*