# PPP loan: AIRWORTHY INC
> **$1.55M** approved 01/23/2021 · Exemption 4 · Loan `4831368308`
## Borrower
- **Name:** AIRWORTHY INC
- **Address:** 2020 Oneil Rd, Hudson, WI, 54016-8167
- **NAICS:** 488190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.21M (78%)
- **Forgiveness date:** 01/24/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.55M
- **Utilities:** $1
- **Jobs reported:** 83
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*