# PPP loan: AE COURIERS
> **$244K** approved 04/27/2020 · Exemption 4 · Loan `4382367207`
## Borrower
- **Name:** AE COURIERS
- **Address:** 9513 Burnet Rd Ste 209, AUSTIN, TX, 78758-5272
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $23K (9%)
- **Forgiveness date:** 06/16/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $242K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 31
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*