# PPP loan: A&B AEROSPACE INC
> **$376K** approved 02/22/2021 · Exemption 4 · Loan `3011008501`
## Borrower
- **Name:** A&B AEROSPACE INC
- **Address:** 612 S Ayon Ave, Azusa, CA, 91702-5122
- **NAICS:** 332722
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $376K
- **Initial approval:** $376K
- **Forgiven:** $313K (83%)
- **Forgiveness date:** 07/25/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $376K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*