# PPP loan: AAE HOLDINGS INC.
> **$549K** approved 04/15/2021 · Paid in Full · Loan `3542958808`
## Borrower
- **Name:** AAE HOLDINGS INC.
- **Address:** 5790 Fayetteville Rd, Durham, NC, 27713-9089
- **NAICS:** 711410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $549K
- **Initial approval:** $549K
- **Forgiven:** $552K (100%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $549K
- **Jobs reported:** 28
## Lender
- **Originating:** American Lending Center
- **Servicing:** American Lending Center (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*