# PPP loan: AIR DALE EXPRESS INC
> **$150K** approved 05/01/2020 · Paid in Full · Loan `3239227704`
## Borrower
- **Name:** AIR DALE EXPRESS INC
- **Address:** 2686 S KIRK RD, VASSAR, MI, 48768
- **NAICS:** 561439
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Rent:** $10K
- **Utilities:** $600
- **Health care:** $1K
- **Debt interest:** $1K
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*