PPP borrower record
AMERICAN ELECTRIC INC PPP loan record
Public SBA PPP loan record for AMERICAN ELECTRIC INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$181,000
Approved amount
$181,650
Forgiven amount
2021-02-05
Date approved
Borrower and loan details
Borrower
AMERICAN ELECTRIC INC
Loan number
3652968409
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Eldridge
Borrower state
Iowa
Borrower ZIP
52748
Jobs reported
19
Loan status
Exemption 4
Forgiveness date
2021-06-23
Servicing lender
First Central State Bank
Originating lender
First Central State Bank
Reported use of proceeds
Payroll
$180,998
Rent
N/A
Utilities
$1
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
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.