# PPP loan: AIRMATIC COMPRESSOR SYSTEMS INC
> **$768K** approved 01/21/2021 · Paid in Full · Loan `3219458310`
## Borrower
- **Name:** AIRMATIC COMPRESSOR SYSTEMS INC
- **Address:** 700 Washington Ave, Carlstadt, NJ, 07072-3007
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $768K
- **Initial approval:** $768K
- **Forgiven:** $774K (101%)
- **Forgiveness date:** 10/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $768K
- **Jobs reported:** 53
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*