# PPP loan: A.E. MACHINE WORKS, INC.
> **$322K** approved 01/25/2021 · Paid in Full · Loan `5304018300`
## Borrower
- **Name:** A.E. MACHINE WORKS, INC.
- **Address:** 14602 Cypress North Houston Rd, Cypress, TX, 77429-3316
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $321K
- **Jobs reported:** 25
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*