PPP borrower record
AMERICAN ELECTRIC CO INC PPP loan record
Public SBA PPP loan record for AMERICAN ELECTRIC CO INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$362,500
Approved amount
$364,524
Forgiven amount
2020-04-07
Date approved
Borrower and loan details
Borrower
AMERICAN ELECTRIC CO INC
Loan number
6777167003
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Avon
Borrower state
Indiana
Borrower ZIP
46123
Jobs reported
34
Loan status
Paid in Full
Forgiveness date
2020-11-03
Servicing lender
State Bank
Originating lender
State Bank
Reported use of proceeds
Payroll
$337,916
Rent
$13,000
Utilities
$4,252
Mortgage interest
N/A
Health care
$6,733
Debt interest
$599
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.