As part of the Paycheck Protection Program AMERICAN EUROPEAN INSURANCE COMPANY was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

AMERICAN EUROPEAN INSURANCE COMPANY


Loan Amount	$1,150,000
BusinessName	AMERICAN EUROPEAN INSURANCE COMPANY
Address	2250 Chapel Avenue West
City	CHERRY HILL
State	NJ
Zip	8002
NAICSCode	524126
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	72
DateApproved	04/13/2020
Lender	Valley National Bank
CD	NJ-01
BusinessName.clean	AMERICAN EUROPEAN INSURANCE COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

KENTUCKY APPLE
KENTUCKY ASSOCIATION OF ELECTRIC COOPERATIVES
KENTUCKY BAPTIST CONVENTION
KENTUCKY BLOOD CENTER
KENTUCKY CHRISTIAN UNIVERSITY