# PPP loan: AEC, INC.
> **$179K** approved 04/27/2020 · Paid in Full · Loan `4584507210`
## Borrower
- **Name:** AEC, INC.
- **Address:** 85 Laura Street, New Haven, CT, 06512
- **NAICS:** 562998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Jobs reported:** 11
## Lender
- **Originating:** Liberty Bank
- **Servicing:** Liberty Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*