AAE ELECTRIC INC (OK) - 2020 PPP Loan Borrower Profile (# 7693897007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AAE 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 Oklahoma.

Loan Detail

Loan Number

7693897007

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$291,200

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$294,415.17

Date Loan was Forgiven

May 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,308.95

Payroll Proced

238,698.07

Rent Proceed

19,403.6

Debt Interest Proceed

29,789.38

Lender

BancFirst

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

STILLWATER, OK

Project Location

STILLWATER, OK

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.