# PPP loan: AECC, INC.
> **$553K** approved 04/15/2020 · Paid in Full · Loan `1695197201`
## Borrower
- **Name:** AECC, INC.
- **Address:** 13740 MIDWAY RD STE 804, DALLAS, TX, 75244-4352
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $553K
- **Initial approval:** $553K
- **Forgiven:** $558K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $415K
- **Rent:** $111K
- **Mortgage interest:** $11K
- **Utilities:** $17K
- **Jobs reported:** 27
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*