# PPP loan: CODE 1 AVIATION LLC
> **$351K** approved 04/07/2020 · Paid in Full · Loan `7480747004`
## Borrower
- **Name:** CODE 1 AVIATION LLC
- **Address:** 1601 GRUMMAN DR, ROCKFORD, IL, 61109-2917
- **NAICS:** 488190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Rent:** $29K
- **Utilities:** $20K
- **Jobs reported:** 42
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*