AE GROUP LLC (MI) - 2020 PPP Loan Borrower Profile (# 6576157701)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AE GROUP LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

6576157701

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$1,411,610

Date Loan was Approved

May 1, 2020

Amount Forgiven

$1,420,621.1

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,411,610

Lender

Bank of America, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

332710

Borrower Location

Romulus, MI

Project Location

Romulus, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

149

Business Age Description

New Business or 2 years or less

Data Source: SBA.