NewBizBot
Try for Free

American Electric Company Inc.

$171,250 PPP Loan in Draper, Utah

Loan Details

Loan Number
1056017110
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$171,250
Current Approval
$171,250
Forgiveness Amount
$172,588
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Electric Company Inc.
Address
78 W 13775 S Ste 9
City
Draper
State
Utah
ZIP Code
84020
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
UT-03

Loan Use Breakdown

Payroll
$156,250
Rent
$3,500
Health Care
$11,500

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

Other PPP Loans in Draper, UT

BusinessApproved
Daw Construction Group, LLC$3,343,500NewBizBotAI Deep Dive
Credit Corp Services US Collections INC$3,299,340NewBizBotAI Deep Dive
Nav Technologies, Inc.$2,830,639NewBizBotAI Deep Dive
Ortho Development Corporation$2,753,604NewBizBotAI Deep Dive
Truvision Health LLC$2,740,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free