PPP Loan information for Advance electrical & industrial supply inc

$565,300

Advance electrical & industrial supply inc was initially approved for PPP Loan of amount $565,300, the current approved amount is $565,300. The loan was approved on 04/14/2020 by The Renasant Bank reported 40 jobs and $565,300 was used to fund payroll.

Advance electrical & industrial supply inc is Existing or more than 2 years old

PPP Loan Search / GA / NORCROSS / Advance electrical & industrial supply inc

ADVANCE ELECTRICAL & INDUSTRIAL SUPPLY INC

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ADVANCE ELECTRICAL & INDUSTRIAL SUPPLY INC

Borrower Address

5953 PEACHTREE INDUSTRIAL BLVD

Borrower City

NORCROSS

Borrower State

GA

Borrower Zip

30092-3416

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

565300.00

Current Approval Amount

565300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORCROSS

Project County Name

GWINNETT

Project State

GA

Project Zip

30092-3416

CD

GA-07

Jobs Reported

40

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

565300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

569178.59

Forgiveness Date

01/11/2021

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