# PPP loan: BANYAN AIR SERVICES, INC.
> **$2.88M** approved 04/14/2020 · Paid in Full · Loan `7878397104`
## Borrower
- **Name:** BANYAN AIR SERVICES, INC.
- **Address:** 5360 NW 20TH TERRACE, FORT LAUDERDALE, FL, 33309-2727
- **NAICS:** 488190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.88M
- **Initial approval:** $2.88M
- **Forgiven:** $2.74M (95%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.31M
- **Mortgage interest:** $577K
- **Jobs reported:** 170
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*