PPP Loan information for Advanced electric llc

$194,400

Advanced electric llc was initially approved for PPP Loan of amount $194,400, the current approved amount is $194,400. The loan was approved on 01/20/2021 by The National Exchange Bank and Trust reported 16 jobs and $194,400 was used to fund payroll.

Advanced electric llc is Existing or more than 2 years old

ADVANCED ELECTRIC LLC

Date Approved

01/20/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

ADVANCED ELECTRIC LLC

Borrower Address

467 Walker St

Borrower City

Fond du Lac

Borrower State

WI

Borrower Zip

54935-5511

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194400.00

Current Approval Amount

194400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75818

Servicing Lender Name

National Exchange Bank and Trust

Servicing Lender Address

130 S Main St

Servicing Lender City

FOND DU LAC

Servicing Lender State

WI

Servicing Lender Zip

54935-4210

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fond du Lac

Project County Name

FOND DU LAC

Project State

WI

Project Zip

54935-5511

CD

WI-06

Jobs Reported

16

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

194395.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

75818

Originating Lender

National Exchange Bank and Trust

Originating Lender City

FOND DU LAC

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195326.73

Forgiveness Date

07/21/2021

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