# PPP loan: BETTER AIR, INC.
> **$199K** approved 04/04/2020 · Paid in Full · Loan `5064537002`
## Borrower
- **Name:** BETTER AIR, INC.
- **Address:** 607 Stafford Lane N, DUNDAS, MN, 55019-3944
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $175K (88%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Rent:** $10K
- **Utilities:** $6K
- **Jobs reported:** 15
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*