# PPP loan: AERTECH MACHINING & MFG., INC.
> **$1.08M** approved 04/05/2020 · Paid in Full · Loan `5151687010`
## Borrower
- **Name:** AERTECH MACHINING & MFG., INC.
- **Address:** 2020 MICOR DR, JACKSON, MI, 49203-3448
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $864K
- **Mortgage interest:** $162K
- **Utilities:** $54K
- **Jobs reported:** 72
## Lender
- **Originating:** County National Bank
- **Servicing:** County National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*