# PPP loan: AMERICAN EXECUTIVE CENTERS INC
> **$416K** approved 04/13/2020 · Paid in Full · Loan `4574407102`
## Borrower
- **Name:** AMERICAN EXECUTIVE CENTERS INC
- **Address:** 101 LINDENWOOD DR SUITE 225, MALVERN, PA, 19355-1716
- **NAICS:** 561110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $418K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $416K
- **Jobs reported:** 32
## Lender
- **Originating:** Firstrust Savings Bank
- **Servicing:** Firstrust Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*