# PPP loan: MTW AEROSPACE, INC.
> **$276K** approved 04/13/2020 · Paid in Full · Loan `5152277105`
## Borrower
- **Name:** MTW AEROSPACE, INC.
- **Address:** 7050 SELMA HWY, MONTGOMERY, AL, 36108-6822
- **NAICS:** 336411
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Utilities:** $55K
- **Jobs reported:** 20
## Lender
- **Originating:** First Community Bank of Central Alabama
- **Servicing:** First Community Bank of Central Alabama (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*