# PPP loan: AYAS RENEWABLES INC
> **$357K** approved 04/11/2020 · Charged Off · Loan `3591127109`
## Borrower
- **Name:** AYAS RENEWABLES INC
- **Address:** 1616 25TH AVE, TUSCALOOSA, AL, 35401-4500
- **NAICS:** 325199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $357K
- **Initial approval:** $357K
- **Forgiven:** $113K (32%)
- **Forgiveness date:** 06/05/2023
- **Status:** Charged Off
- **Term:** 13 months
## Use of funds
- **Payroll:** $357K
- **Jobs reported:** 5
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*