# PPP loan: BISMARCK AERO CENTER CORPORATION
> **$340K** approved 04/04/2020 · Paid in Full · Loan `4942167009`
## Borrower
- **Name:** BISMARCK AERO CENTER CORPORATION
- **Address:** 2301 University Drive Bldg 53, BISMARCK, ND, 58504-7546
- **NAICS:** 488190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Rent:** $67K
- **Utilities:** $9K
- **Health care:** $21K
- **Jobs reported:** 35
## Lender
- **Originating:** BNC National Bank
- **Servicing:** BNC National Bank (AZ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*