# PPP loan: DUMONT AVIATION GROUP, INC.
> **$4.09M** approved 04/14/2020 · Paid in Full · Loan `7722227103`
## Borrower
- **Name:** DUMONT AVIATION GROUP, INC.
- **Address:** 2000 Brett Road, NEW CASTLE, DE, 19720
- **NAICS:** 481211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.09M
- **Initial approval:** $4.09M
- **Forgiven:** $4.14M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.23M
- **Rent:** $103K
- **Mortgage interest:** $67K
- **Utilities:** $63K
- **Health care:** $330K
- **Debt interest:** $294K
- **Jobs reported:** 204
## 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*