PPP Loan information for Ae cargo group inc

$252,500

Ae cargo group inc was initially approved for PPP Loan of amount $252,500, the current approved amount is $252,500. The loan was approved on 03/27/2021 by The Valley National Bank reported 19 jobs and $252,500 was used to fund payroll.

Ae cargo group inc is Existing or more than 2 years old

AE CARGO GROUP INC

Date Approved

03/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AE CARGO GROUP INC

Borrower Address

309 Emmet St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07114-2817

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

252500.00

Current Approval Amount

252500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07114-2817

CD

NJ-10

Jobs Reported

19

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

252498.00

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

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

254232.43

Forgiveness Date

12/09/2021

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