Subchapter S Corporation

Clay Lacy Aviation Inc

Other Support Activities for Air Transportation

PPP Loan Number 1631487206

Company Overview

Clay Lacy Aviation Inc

7435 Valjean Ave
Van Nuys, CA 91406-2901

Clay Lacy Aviation Inc is a Other Support Activities for Air Transportation Subchapter S Corporation located at 7435 Valjean Ave Van Nuys, CA 91406-2901 with 500 employees.

# of employees
Average salary
$96,000.00 /yr
Business type
Subchapter S Corporation

Loan Details

During round 1 of the paycheck protection program, Clay Lacy Aviation Inc requested a PPP loan for $10,000,000.00. They were approved on 4/15/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by First Republic Bank. Of the approved amount, Clay Lacy Aviation Inc has received 100% of the approved amount.


Originating Lender
First Republic Bank

Servicing Lender
First Republic Bank

SBA Code


Possibly Related Loans

No related loans found.

Business Executive Charged With $1m PPP Fraud

According to the Philadelphia Business Journal, the owner of a Philadelphia construction company is facing fraud charges for allegedly falsifying information on a Paycheck Protection Program loan application in order to obtain nearly $1 million, which he used to purchase a variety of big-ticket items, including a new house in Florida.

Chinese Man Found Guilty Of $20 Million Dollar PPP Fraud Scheme

The United States Attorney for the Southern District of New York, Audrey Strauss, announced today that MUGE MA, a Chinese national who lived in New York, New York, pled guilty in connection with a fraudulent scheme to obtain over $20 million in Government-guaranteed loans designed to help small businesses during the novel coronavirus/COVID-19 pandemic. MA falsely represented to the U.S. Small Business Administration (“SBA”) and at least five financial institutions that his companies, New York International Capital LLC (“NYIC”) and Hurley Human Resources LLC (“Hurley”), had hundreds of employees in connection with loan applications for relief available from the Paycheck Protection Program (“PPP”) and the Economic Injury Disaster Loan (“EIDL”) Program. MA was arrested on May 21, 2020, and has been jailed since that time. He plead guilty today in front of United States District Judge Richard M. Berman and is set to be sentenced on September 22, 2021, at 11:00 a.m.

Time's Running Out For PPP

The deadline for when the SBA will stop accepting PPP loans is rapidly approaching.


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