AMERICAN SOUTHWEST ELECTRIC (NV) - 2020 PPP Loan Borrower Profile (# 6670937009)

Updated on April 18, 2025.

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

Loan Detail

Loan Number

6670937009

SBA Office Code

0944

Processing Method

PPP

Curent Loan Amount

$1,031,200

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$1,040,452.16

Date Loan was Forgiven

Mar 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

987,450

Health Care Proceed

43,750

Lender

Western Alliance Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

238210

Borrower Location

LAS VEGAS, NV

Project Location

LAS VEGAS, NV

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.