The invariant amplitudes for pion electroproduction on the nucleon are evaluated by dispersion relations at constant t with MAID as input for the imaginary parts of these amplitudes. In the threshold region these amplitudes are confronted with the predictions of several low-energy theorems derived in the soft-pion limit. In general agreement with Chiral Perturbation Theory, the dispersive approach yields large corrections to these theorems because of the finite pion mass.