Automotive Engineering Inc.

$177,900 PPP Loan in Essex, Maryland

Loan Details

Loan Number
9951417104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$177,900
Current Approval
$177,900
Forgiveness Amount
$180,639
Forgiveness Date
Nov 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Automotive Engineering Inc.
Address
601 Eastern Boulevard
City
Essex
ZIP Code
21221
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811113)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-02

Loan Use Breakdown

Payroll
$144,400
Rent
$5,400
Utilities
$2,400
Health Care
$25,000
Debt Interest
$700

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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