PPP Loan information for A+ electric motor, inc.

$178,400

A+ electric motor, inc. was initially approved for PPP Loan of amount $178,400, the current approved amount is $178,400. The loan was approved on 04/11/2020 by The Glacier Bank reported 15 jobs and $178,400 was used to fund payroll.

A+ electric motor, inc. is Existing or more than 2 years old

PPP Loan Search / MT / BILLINGS / A+ electric motor, inc.

A+ ELECTRIC MOTOR, INC.

Date Approved

04/11/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

A+ ELECTRIC MOTOR, INC.

Borrower Address

1430 Ethelyn Avenue

Borrower City

BILLINGS

Borrower State

MT

Borrower Zip

59101

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178400.00

Current Approval Amount

178400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87893

Servicing Lender Name

Glacier Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4454

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BILLINGS

Project County Name

YELLOWSTONE

Project State

MT

Project Zip

59101-0100

CD

MT-02

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

178400.00

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

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179709.90

Forgiveness Date

01/14/2021

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