PPP Loan information for American electric llc

$95,718

American electric llc was initially approved for PPP Loan of amount $95,718, the current approved amount is $95,718. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 12 jobs and $95,718 was used to fund payroll.

American electric llc is Existing or more than 2 years old

AMERICAN ELECTRIC LLC

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

AMERICAN ELECTRIC LLC

Borrower Address

625 MAIN ST E

Borrower City

GENEVA

Borrower State

OH

Borrower Zip

44041

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95718.00

Current Approval Amount

95718.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GENEVA

Project County Name

ASHTABULA

Project State

OH

Project Zip

44041-0001

CD

OH-14

Jobs Reported

12

NAICS Code

238990

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

95718.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96869.27

Forgiveness Date

06/24/2021

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