PPP Loan information for American electric, inc.

$184,800

American electric, inc. was initially approved for PPP Loan of amount $184,800, the current approved amount is $184,800. The loan was approved on 04/05/2020 by The Three Rivers Bank of Montana reported 16 jobs and $184,800 was used to fund payroll.

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

AMERICAN ELECTRIC, INC.

Date Approved

04/05/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

AMERICAN ELECTRIC, INC.

Borrower Address

PO Box 5428

Borrower City

KALISPELL

Borrower State

MT

Borrower Zip

59901-5428

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

184800.00

Current Approval Amount

184800.00

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

N

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

59901-5428

CD

MT-01

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

184800.00

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

185848.04

Forgiveness Date

11/03/2020

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