# PPP loan: AIRTEX DESIGN GROUP, INC.
> **$780K** approved 04/30/2020 · Paid in Full · Loan `7015917306`
## Borrower
- **Name:** AIRTEX DESIGN GROUP, INC.
- **Address:** 1620 Broadway Street North East, MINNEAPOLIS, MN, 55413
- **NAICS:** 541490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $780K
- **Initial approval:** $808K
- **Forgiven:** $786K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $585K
- **Mortgage interest:** $117K
- **Utilities:** $78K
- **Jobs reported:** 73
## 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*