# PPP loan: JAE CONSTRUCTION GROUP INC
> **$450K** approved 04/07/2020 · Charged Off · Loan `7443017009`
## Borrower
- **Name:** JAE CONSTRUCTION GROUP INC
- **Address:** 1800 N federal hwy ste 1800b, POMPANO BEACH, FL, 33062-1002
- **NAICS:** 238160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Status:** Charged Off
- **Term:** 32 months
## Use of funds
- **Payroll:** $450K
- **Jobs reported:** 220
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*