AMERICAN ELECTRIC CONTROL CORPORATION (UT) - 2020 PPP Loan Borrower Profile (# 1975747706)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMERICAN ELECTRIC CONTROL CORPORATION. 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 Utah.
Loan Detail
Loan Number
1975747706
SBA Office Code
0883
Processing Method
PPP
Curent Loan Amount
$380,815
Date Loan was Approved
May 1, 2020
Amount Forgiven
$385,604.38
Date Loan was Forgiven
Aug 9, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
362,554
Health Care Proceed
18,261
Lender
JPMorgan Chase Bank, National Association
Business Detail
Business Type
Corporation
NAICS
238210
Borrower Location
LINDON, UT
Project Location
LINDON, UT
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
34
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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