# PPP loan: CLASS 1 AIR, INC.
> **$227K** approved 04/15/2020 · Paid in Full · Loan `8588527102`
## Borrower
- **Name:** CLASS 1 AIR, INC.
- **Address:** 6579 SIDNEY PL, MILWAUKEE, WI, 53209-3215
- **NAICS:** 424990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Rent:** $57K
- **Jobs reported:** 26
## Lender
- **Originating:** Town Bank, National Association
- **Servicing:** Town Bank, National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*