# PPP loan: AE TECHRON INC
> **$255K** approved 04/07/2020 · Paid in Full · Loan `7604137001`
## Borrower
- **Name:** AE TECHRON INC
- **Address:** 2507 WARREN ST, ELKHART, IN, 46516-5759
- **NAICS:** 334310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Utilities:** $64K
- **Jobs reported:** 27
## Lender
- **Originating:** First State Bank of Middlebury
- **Servicing:** First State Bank of Middlebury (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*