# PPP loan: AIR ADVANTAGE, LLC
> **$307K** approved 04/07/2020 · Paid in Full · Loan `6527957001`
## Borrower
- **Name:** AIR ADVANTAGE, LLC
- **Address:** 465 N. Franklin St, FRANKENMUTH, MI, 48734-1031
- **NAICS:** 517110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Rent:** $15K
- **Mortgage interest:** $18K
- **Utilities:** $5K
- **Health care:** $10K
- **Debt interest:** $13K
- **Jobs reported:** 29
## Lender
- **Originating:** Frankenmuth CU
- **Servicing:** Frankenmuth CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*