# PPP loan: AIRTOOL EQUIPMENT RENTAL INC
> **$693K** approved 04/29/2020 · Paid in Full · Loan `2824947301`
## Borrower
- **Name:** AIRTOOL EQUIPMENT RENTAL INC
- **Address:** 6824 Long Drive, Houston, TX, 77087-3416
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $693K
- **Initial approval:** $693K
- **Forgiven:** $702K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $555K
- **Mortgage interest:** $139K
- **Jobs reported:** 52
## 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*