PPP Loan information for A & e engine and compression, inc.

$124,300

A & e engine and compression, inc. was initially approved for PPP Loan of amount $124,300, the current approved amount is $124,300. The loan was approved on 04/16/2020 by The Gulf Coast Bank and Trust Company reported 11 jobs and $124,300 was used to fund payroll.

A & e engine and compression, inc. is Existing or more than 2 years old

A & E ENGINE AND COMPRESSION, INC.

Date Approved

04/16/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

A & E ENGINE AND COMPRESSION, INC.

Borrower Address

1556 Macarthur Ave

Borrower City

HARVEY

Borrower State

LA

Borrower Zip

70058

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124300.00

Current Approval Amount

124300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116770

Servicing Lender Name

Gulf Coast Bank and Trust Company

Servicing Lender Address

200 St. Charles Ave

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70130-2903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARVEY

Project County Name

JEFFERSON

Project State

LA

Project Zip

70058-1100

CD

LA-02

Jobs Reported

11

NAICS Code

811219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

31075.00

Payroll Proceed

93225.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125477.40

Forgiveness Date

04/01/2021

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