# PPP loan: AERON ADVANCED MANUFACTURING, L.L.C.
> **$300K** approved 04/09/2020 · Paid in Full · Loan `9611007005`
## Borrower
- **Name:** AERON ADVANCED MANUFACTURING, L.L.C.
- **Address:** 1511 S. GARFIELD PL, MASON CITY, IA, 50401-5662
- **NAICS:** 325611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Mortgage interest:** $20K
- **Utilities:** $20K
- **Debt interest:** $20K
- **Jobs reported:** 42
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*