Current business record

AMERICAN ELECTRIC INC

We found 5 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$150,000–350,000

Filed business name: AMERICAN ELECTRIC INC
Approval date: Feb 5, 2021
Initial approval amount: $181,000.00
Current approval amount: $181,000.00
Loan status: Paid in Full (Jul 14, 2021)
Forgiveness amount: $181,649.62
Jobs reported: 19
Address: 1140 E Price St
Eldridge, IA 52748-1710
Lender: First Central State Bank
NAICS code: 238210
Business type: Subchapter S Corporation
Congressional district: IA-01

Loan 2

$150,000–350,000

Filed business name: AMERICAN ELECTRIC, INC
Approval date: Apr 13, 2020
Initial approval amount: $181,000.00
Current approval amount: $181,000.00
Loan status: Paid in Full (Feb 5, 2021)
Forgiveness amount: $182,353.78
Jobs reported: 19
Address: 1140 E Price St
ELDRIDGE, IA 52748-1710
Lender: First Central State Bank
NAICS code: 238210
Business type: Subchapter S Corporation
Congressional district: IA-01

Loan 3

$150,000–350,000

Filed business name: AMERICAN ELECTRIC INC.
Approval date: Jan 21, 2021
Initial approval amount: $192,125.00
Current approval amount: $192,125.00
Loan status: Paid in Full (Feb 5, 2022)
Forgiveness amount: $194,040.99
Jobs reported: 29
Address: 351 Helena Flats Rd
Kalispell, MT 59901-2430
Lender: Three Rivers Bank of Montana
NAICS code: 238210
Business type: Corporation
Congressional district: MT-01

Loan 4

$150,000–350,000

Filed business name: AMERICAN ELECTRIC, INC.
Approval date: Apr 5, 2020
Initial approval amount: $184,800.00
Current approval amount: $184,800.00
Loan status: Paid in Full (Dec 17, 2020)
Forgiveness amount: $185,848.04
Jobs reported: 16
Address: PO Box 5428
KALISPELL, MT 59901-5428
Lender: Three Rivers Bank of Montana
NAICS code: 238210
Business type: Corporation
Congressional district: MT-01

Loan 5

$2–5 million

Filed business name: AMERICAN ELECTRIC INC.
Approval date: Apr 15, 2020
Initial approval amount: $4,778,765.00
Current approval amount: $4,778,765.00
Loan status: Paid in Full (Aug 12, 2021)
Forgiveness amount: $3,008,314.61
Jobs reported: 205
Address: 1999 BUTLER LOOP RD
RICHLAND, WA 99354
Lender: BMO Bank National Association
NAICS code: 238210
Business type: Subchapter S Corporation
Congressional district: WA-04