# PPP loan: AIRWAY TECHNOLOGIES, INC.
> **$575K** approved 04/09/2020 · Paid in Full · Loan `9724577008`
## Borrower
- **Name:** AIRWAY TECHNOLOGIES, INC.
- **Address:** 2350 Litton Lane 200, HEBRON, KY, 41048-9397
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $575K
- **Initial approval:** $575K
- **Forgiven:** $579K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $489K
- **Mortgage interest:** $86K
- **Jobs reported:** 34
## Lender
- **Originating:** Transportation Alliance Bank, Inc. d/b/a TAB Bank
- **Servicing:** Transportation Alliance Bank, Inc. d/b/a TAB Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*