AMERICAN ELECTRIC & DATA INC (MO) - 2020 PPP Loan Borrower Profile (# 3977498310)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMERICAN ELECTRIC & DATA INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Missouri.
Loan Detail
Loan Number
3977498310
SBA Office Code
0768
Processing Method
PPS
Curent Loan Amount
$1,453,600
Date Loan was Approved
Jan 22, 2021
Amount Forgiven
$1,461,271.78
Date Loan was Forgiven
Aug 4, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
1,453,596
Lender
Peoples Savings Bank of Rhineland
Business Detail
Business Type
Subchapter S Corporation
NAICS
238210
Borrower Location
Wentzville, MO
Project Location
Wentzville, MO
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
65
Business Age Description
Existing or more than 2 years old
Data Source: SBA.