# PPP loan: AEROFLOW INC
> **$3.59M** approved 04/29/2020 · Paid in Full · Loan `3482047306`
## Borrower
- **Name:** AEROFLOW INC
- **Address:** 3165 Sweeten Creek Road, Asheville, NC, 28803
- **NAICS:** 621610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.59M
- **Initial approval:** $3.59M
- **Forgiven:** $3.63M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.12M
- **Rent:** $144K
- **Health care:** $323K
- **Jobs reported:** 334
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*