# PPP loan: HANGAR ONE AVIONICS INC.
> **$461K** approved 04/14/2020 · Paid in Full · Loan `7724947100`
## Borrower
- **Name:** HANGAR ONE AVIONICS INC.
- **Address:** 2026 PALOMAR AIRPORT RD, CARLSBAD, CA, 92011-4412
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $461K
- **Initial approval:** $461K
- **Forgiven:** $463K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $366K
- **Rent:** $40K
- **Health care:** $55K
- **Jobs reported:** 30
## Lender
- **Originating:** CalPrivate Bank
- **Servicing:** CalPrivate Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*