# PPP loan: A & E PLUMBING AND HEATING, INC.
> **$247K** approved 04/27/2020 · Paid in Full · Loan `4828397200`
## Borrower
- **Name:** A & E PLUMBING AND HEATING, INC.
- **Address:** 1106 36th Ave W, ALEXANDRIA, MN, 56308-3315
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Rent:** $16K
- **Utilities:** $16K
- **Health care:** $16K
- **Jobs reported:** 14
## Lender
- **Originating:** Neighborhood National Bank
- **Servicing:** Neighborhood National Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*