AMERICAN ELECTRIC INC. (MT) - 2020 PPP Loan Borrower Profile (# 2748268302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN ELECTRIC 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 Montana.

Loan Detail

Loan Number

2748268302

SBA Office Code

0885

Processing Method

PPS

Curent Loan Amount

$192,125

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$194,040.99

Date Loan was Forgiven

Jan 21, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

192,122

Lender

Three Rivers Bank of Montana

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

Kalispell, MT

Project Location

Kalispell, MT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.