PPP Loan information for American electric inc.

$4,778,765

American electric inc. was initially approved for PPP Loan of amount $4,778,765, the current approved amount is $4,778,765. The loan was approved on 04/15/2020 by The BMO Harris Bank National Association reported 205 jobs and $4,778,765 was used to fund payroll.

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

PPP Loan Search / WA / RICHLAND / American electric inc.

AMERICAN ELECTRIC INC.

Date Approved

04/15/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

AMERICAN ELECTRIC INC.

Borrower Address

1999 BUTLER LOOP RD

Borrower City

RICHLAND

Borrower State

WA

Borrower Zip

99354

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

4778765.00

Current Approval Amount

4778765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHLAND

Project County Name

BENTON

Project State

WA

Project Zip

99354-1600

CD

WA-04

Jobs Reported

205

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4778765.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3008314.61

Forgiveness Date

06/11/2021

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