PPP Loan information for American electric llc

$101,927

American electric llc was initially approved for PPP Loan of amount $101,927, the current approved amount is $101,927. The loan was approved on 02/16/2021 by The U.S. Bank, National Association reported 10 jobs and $101,927 was used to fund payroll.

American electric llc is Existing or more than 2 years old

AMERICAN ELECTRIC LLC

Date Approved

02/16/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

AMERICAN ELECTRIC LLC

Borrower Address

625 E Main St

Borrower City

Geneva

Borrower State

OH

Borrower Zip

44041-1358

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101927.00

Current Approval Amount

101927.00

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

44041-1358

CD

OH-14

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

101925.00

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

102620.67

Forgiveness Date

10/22/2021

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