# PPP loan: PAPILLON AIR INC.
> **$2.13M** approved 05/01/2020 · Exemption 4 · Loan `7115607707`
## Borrower
- **Name:** PAPILLON AIR INC.
- **Address:** 44728 MALDEN PL, ASHBURN, VA, 20147-6511
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.13M
- **Initial approval:** $4.95M
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.13M
- **Jobs reported:** 27
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*