PPP Loan information for American electric construction inc

$374,185

American electric construction inc was initially approved for PPP Loan of amount $374,185, the current approved amount is $374,185. The loan was approved on 04/06/2020 by The Security Savings Bank reported 34 jobs and $374,185 was used to fund payroll.

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

PPP Loan Search / SD / SIOUX FALLS / American electric construction inc

AMERICAN ELECTRIC CONSTRUCTION INC

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

AMERICAN ELECTRIC CONSTRUCTION INC

Borrower Address

2212 E 39th Street N

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57104-5409

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

374185.00

Current Approval Amount

374185.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25170

Servicing Lender Name

Security Savings Bank

Servicing Lender Address

100 S West St

Servicing Lender City

CANTON

Servicing Lender State

SD

Servicing Lender Zip

57013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57104-5409

CD

SD-

Jobs Reported

34

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

93546.00

Payroll Proceed

280639.00

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

Subchapter S Corporation

Originating Lender Location Id

25170

Originating Lender

Security Savings Bank

Originating Lender City

CANTON

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

377822.91

Forgiveness Date

03/31/2021

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