# PPP loan: AYRES ASSOCIATES INC
> **$5.66M** approved 04/04/2020 · Paid in Full · Loan `5023047001`
## Borrower
- **Name:** AYRES ASSOCIATES INC
- **Address:** 3433 Oakwood Hills Parkway, EAU CLAIRE, WI, 54701
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.66M
- **Initial approval:** $5.66M
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.30M
- **Rent:** $333K
- **Utilities:** $31K
- **Jobs reported:** 289
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*