# PPP loan: A & E INCORPORATED
> **$1.61M** approved 04/06/2020 · Paid in Full · Loan `6371017004`
## Borrower
- **Name:** A & E INCORPORATED
- **Address:** 5501 21st Street, RACINE, WI, 53406-5046
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Mortgage interest:** $201K
- **Utilities:** $201K
- **Jobs reported:** 141
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*