# PPP loan: TANGO AIR, INC
> **$396K** approved 04/07/2020 · Paid in Full · Loan `7031367002`
## Borrower
- **Name:** TANGO AIR, INC
- **Address:** 2026 PALOMAR AIRPORT RD, CARLSBAD, CA, 92011-4412
- **NAICS:** 481219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $500K
- **Forgiven:** $399K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Rent:** $46K
- **Jobs reported:** 29
## Lender
- **Originating:** CalPrivate Bank
- **Servicing:** CalPrivate Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*