Air-Way Manufacturing Company

$3,941,077 PPP Loan in Olivet, Michigan

Loan Details

Loan Number
1309697103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$3,941,077
Current Approval
$3,941,077
Forgiveness Amount
$3,986,780
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Air-Way Manufacturing Company
Address
586 North Main Street 0.0
City
Olivet
ZIP Code
49076-8636
Business Type
Corporation
Industry (NAICS)
Manufacturing (332912)
Business Age
Existing or more than 2 years old
Jobs Reported
387
Estimated Revenue
$94.6M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$3,004,912
Utilities
$252,500
Health Care
$527,000
Mortgage Interest
$118,665
Debt Interest
$38,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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