PPP Loan information for American electric control corporation

$380,815

American electric control corporation was initially approved for PPP Loan of amount $380,815, the current approved amount is $380,815. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 34 jobs and $380,815 was used to fund payroll.

American electric control corporation is Existing or more than 2 years old

AMERICAN ELECTRIC CONTROL CORPORATION

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

AMERICAN ELECTRIC CONTROL CORPORATION

Borrower Address

1600 W 200 S

Borrower City

LINDON

Borrower State

UT

Borrower Zip

84042

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

380815.00

Current Approval Amount

380815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINDON

Project County Name

UTAH

Project State

UT

Project Zip

84042-1100

CD

UT-03

Jobs Reported

34

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

362554.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18261.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

385604.38

Forgiveness Date

08/09/2021

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