# PPP loan: AEROVEL CORPORATION
> **$426K** approved 05/07/2021 · Paid in Full · Loan `7846428908`
## Borrower
- **Name:** AEROVEL CORPORATION
- **Address:** 920 E Steuben St, Bingen, WA, 98605-9188
- **NAICS:** 336411
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $426K
- **Initial approval:** $426K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 08/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $426K
- **Jobs reported:** 10
## Lender
- **Originating:** The Northern Trust Company
- **Servicing:** The Northern Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*