# PPP loan: AE CARGO GROUP INC
> **$253K** approved 05/01/2020 · Paid in Full · Loan `5708507708`
## Borrower
- **Name:** AE CARGO GROUP INC
- **Address:** 830 BOND ST, ELIZABETH, NJ, 07201-1906
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*