COVID Stimulus Watch Individual Entry

Ownership Structure: publicly traded (ticker symbol AIRT)

Facility Street Address: 5930 BALSOM RIDGE RD

Facility City: DENVER

Facility State: NC

Facility Zip Code: 28037

Facility Congressional District: NC-10

Facility NAICS Code: 532411 : Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing

Award Date: Apr 8, 2020

Award Type: loan

Jobs Reported at Time of Application: 478

PPP Lender: Minnesota Bank & Trust

Program Name: Paycheck Protection Program ($150,000 and up)

Legislation: CARES

Awarding Agency: Small Business Administration

Notes: The CEO owns more than 40 percent of the shares.

Parent Company: Air T, Inc.

Headquartered in: North Carolina

Parent Sector: freight and logistics

Parent Industry: air cargo

Employees (prior to pandemic): 769