# PPP loan: AIR & HYDRAULIC EQUIPMENT, INC.
> **$673K** approved 04/16/2020 · Paid in Full · Loan `2777897208`
## Borrower
- **Name:** AIR & HYDRAULIC EQUIPMENT, INC.
- **Address:** 821 E 11th St,, Chattanooga, TN, 37403-3202
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $673K
- **Initial approval:** $673K
- **Forgiven:** $584K (87%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $673K
- **Jobs reported:** 53
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*