# PPP loan: AIR TURBINE PROPELLER COMPANY ESOP
> **$350K** approved 02/24/2021 · Paid in Full · Loan `3806338510`
## Borrower
- **Name:** AIR TURBINE PROPELLER COMPANY ESOP
- **Address:** 22329 Perry Hwy, Zelienople, PA, 16063-8921
- **NAICS:** 333611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $350K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** NexTier Bank, National Association
- **Servicing:** NexTier Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*