# PPP loan: AIR PROCESS SYSTEMS & CONVEYORS CO., INC
> **$312K** approved 05/01/2020 · Paid in Full · Loan `7498557701`
## Borrower
- **Name:** AIR PROCESS SYSTEMS & CONVEYORS CO., INC
- **Address:** 774 BURR DR, WESTMONT, IL, 60559
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $312K
- **Jobs reported:** 13
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*