PPP Loan information for American electric inc.

$192,125

American electric inc. was initially approved for PPP Loan of amount $192,125, the current approved amount is $192,125. The loan was approved on 01/21/2021 by The Three Rivers Bank of Montana reported 29 jobs and $192,125 was used to fund payroll.

American electric inc. is Existing or more than 2 years old

PPP Loan Search / MT / Kalispell / American electric inc.

AMERICAN ELECTRIC INC.

Date Approved

01/21/2021

SBA Office Code

0885

Processing Method

PPS

Borrower Name

AMERICAN ELECTRIC INC.

Borrower Address

351 Helena Flats Rd

Borrower City

Kalispell

Borrower State

MT

Borrower Zip

59901-2430

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

192125.00

Current Approval Amount

192125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41946

Servicing Lender Name

Three Rivers Bank of Montana

Servicing Lender Address

233 E Idaho

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4132

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kalispell

Project County Name

FLATHEAD

Project State

MT

Project Zip

59901-2430

CD

MT-01

Jobs Reported

29

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

192122.00

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

41946

Originating Lender

Three Rivers Bank of Montana

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

194040.99

Forgiveness Date

01/21/2022

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