AMERICAN ELEVATOR COMPANY, INC. (OK) - 2020 PPP Loan Borrower Profile (# 1056667705)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN ELEVATOR COMPANY, 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

1056667705

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$709,497

Date Loan was Approved

May 1, 2020

Amount Forgiven

$716,913.61

Date Loan was Forgiven

May 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

432,794

Health Care Proceed

276,703

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

811490

Borrower Location

Oklahoma City, OK

Project Location

Oklahoma City, OK

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.