PPP Loan information for American electric control corporation

$330,105

American electric control corporation was initially approved for PPP Loan of amount $330,105, the current approved amount is $330,105. The loan was approved on 03/12/2021 by The JPMorgan Chase Bank, National Association reported 27 jobs and $330,105 was used to fund payroll.

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

AMERICAN ELECTRIC CONTROL CORPORATION

Date Approved

03/12/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

AMERICAN ELECTRIC CONTROL CORPORATION

Borrower Address

1600 W 200 S

Borrower City

Lindon

Borrower State

UT

Borrower Zip

84042-1611

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

330105.00

Current Approval Amount

330105.00

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

84042-1611

CD

UT-03

Jobs Reported

27

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

330100.00

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

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

333690.49

Forgiveness Date

04/20/2022

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