# PPP loan: HORIZON AIR SERVICES, INC.
> **$1.11M** approved 04/09/2020 · Paid in Full · Loan `9047647007`
## Borrower
- **Name:** HORIZON AIR SERVICES, INC.
- **Address:** 10 KIMBALL LN, LYNNFIELD, MA, 01940-2617
- **NAICS:** 481112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.05M (94%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 43 months
## Use of funds
- **Payroll:** $798K
- **Mortgage interest:** $81K
- **Utilities:** $11K
- **Health care:** $212K
- **Debt interest:** $10K
- **Jobs reported:** 51
## Lender
- **Originating:** MutualOne Bank
- **Servicing:** MutualOne Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*