# PPP loan: AIRVEL AIR CONDITIONING CORP
> **$211K** approved 05/14/2020 · Paid in Full · Loan `6312387402`
## Borrower
- **Name:** AIRVEL AIR CONDITIONING CORP
- **Address:** 246 Broadway, NEW HYDE PARK, NY, 11040-0001
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $211K
- **Initial approval:** $211K
- **Forgiven:** $213K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Rent:** $42K
- **Jobs reported:** 9
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*