# PPP loan: AIR COMPONENTS & SYSTEMS LTD.
> **$777K** approved 04/07/2020 · Paid in Full · Loan `7061317010`
## Borrower
- **Name:** AIR COMPONENTS & SYSTEMS LTD.
- **Address:** 6000 General Commerce Drive, CHARLOTTE, NC, 28213-6394
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $777K
- **Initial approval:** $777K
- **Forgiven:** $781K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $777K
- **Jobs reported:** 51
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*