# PPP loan: AMERICAN EQUIPMENT & FABRICATING CORP
> **$635K** approved 02/06/2021 · Paid in Full · Loan `4452718404`
## Borrower
- **Name:** AMERICAN EQUIPMENT & FABRICATING CORP
- **Address:** 100 Water St, East Providence, RI, 02914-5022
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $635K
- **Initial approval:** $635K
- **Forgiven:** $644K (101%)
- **Forgiveness date:** 07/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $635K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*