# PPP loan: AEROSPACE FABRICATION & MATERIALS, LLC
> **$680K** approved 04/09/2020 · Paid in Full · Loan `9517037007`
## Borrower
- **Name:** AEROSPACE FABRICATION & MATERIALS, LLC
- **Address:** 208TH ST, FARMINGTON, MN, 55024-7935
- **NAICS:** 336411
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $680K
- **Initial approval:** $680K
- **Forgiven:** $684K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $510K
- **Rent:** $160K
- **Utilities:** $10K
- **Jobs reported:** 56
## Lender
- **Originating:** Minnwest Bank
- **Servicing:** Minnwest Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*