AEROFLOW INC (NC) - 2020 PPP Loan Borrower Profile (# 3482047306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AEROFLOW INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Carolina.

Loan Detail

Loan Number

3482047306

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$3,588,255

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$3,628,168.19

Date Loan was Forgiven

Jun 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

3,121,781.85

Mortgage Interest Proceed

Rent Proceed

143,530.2

Health Care Proceed

322,942.95

Debt Interest Proceed

Lender

American Express National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

621610

Borrower Location

Asheville, NC

Project Location

Asheville, NC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

334

Business Age Description

Existing or more than 2 years old

Data Source: SBA.