PPP Loan information for Advanced contracting & electrical services

$244,200

Advanced contracting & electrical services was initially approved for PPP Loan of amount $244,200, the current approved amount is $244,200. The loan was approved on 04/09/2020 by The ELGA CU reported 28 jobs and $244,200 was used to fund payroll.

Advanced contracting & electrical services is Existing or more than 2 years old

PPP Loan Search / MI / FLINT / Advanced contracting & electrical services

ADVANCED CONTRACTING & ELECTRICAL SERVICES

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADVANCED CONTRACTING & ELECTRICAL SERVICES

Borrower Address

3230 S Dye Rd

Borrower City

FLINT

Borrower State

MI

Borrower Zip

48507-1006

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244200.00

Current Approval Amount

244200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLINT

Project County Name

GENESEE

Project State

MI

Project Zip

48507-1006

CD

MI-08

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

235200.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

500

Business Type

Subchapter S Corporation

Originating Lender Location Id

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

245997.58

Forgiveness Date

01/07/2021

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