# PPP loan: AE ENGINEERING INC.
> **$1.51M** approved 04/27/2020 · Paid in Full · Loan `5912887202`
## Borrower
- **Name:** AE ENGINEERING INC.
- **Address:** 219 N Newman St, JACKSONVILLE, FL, 32202
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Rent:** $54K
- **Utilities:** $8K
- **Health care:** $239K
- **Jobs reported:** 96
## Lender
- **Originating:** 121 Financial CU, A Division of VyStar Credit Union
- **Servicing:** VyStar CU (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*