AC ELECTRIC MOTOR SERVICE, LLC (NE) - 2020 PPP Loan Borrower Profile (# 2271487108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AC ELECTRIC MOTOR SERVICE, LLC. 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 Nebraska.

Loan Detail

Loan Number

2271487108

SBA Office Code

0766

Processing Method

PPP

Curent Loan Amount

$53,330

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$53,810.7

Date Loan was Forgiven

Mar 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

42,664

Rent Proceed

10,666

Lender

Western States Bank, A Division of First National Bank of Omaha

Business Detail

Business Type

Subchapter S Corporation

NAICS

811211

Borrower Location

Gering, NE

Project Location

Gering, NE

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.