# PPP loan: AEM FOOD & BEVERAGE INC
> **$575K** approved 02/25/2021 · Paid in Full · Loan `4064138503`
## Borrower
- **Name:** AEM FOOD & BEVERAGE INC
- **Address:** 330 Shaw Rd Ste B, South San Francisco, CA, 94080-6616
- **NAICS:** 311911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $575K
- **Initial approval:** $575K
- **Forgiven:** $584K (101%)
- **Forgiveness date:** 08/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $575K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*