# PPP loan: ASSOCIATED INDUSTRIAL RIGGERS CORP.
> **$671K** approved 04/14/2020 · Paid in Full · Loan `7454227106`
## Borrower
- **Name:** ASSOCIATED INDUSTRIAL RIGGERS CORP.
- **Address:** 5854 Butternut Drive, East Syracuse, NY, 13057
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $671K
- **Initial approval:** $671K
- **Forgiven:** $676K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $571K
- **Rent:** $12K
- **Utilities:** $9K
- **Health care:** $80K
- **Jobs reported:** 52
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*