# PPP loan: A & E AUTO ELECTRIC, INC
> **$170K** approved 04/09/2020 · Paid in Full · Loan `1004427102`
## Borrower
- **Name:** A & E AUTO ELECTRIC, INC
- **Address:** PO Box 1106, COWPENS, SC, 29330
- **NAICS:** 336350
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 20
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*