PPP Loan information for Advanced electrical company llc

$211,883

Advanced electrical company llc was initially approved for PPP Loan of amount $211,883, the current approved amount is $211,883. The loan was approved on 01/25/2021 by The ServisFirst Bank reported 18 jobs and $211,883 was used to fund payroll.

Advanced electrical company llc is Existing or more than 2 years old

ADVANCED ELECTRICAL COMPANY LLC

Date Approved

01/25/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ADVANCED ELECTRICAL COMPANY LLC

Borrower Address

235 Highway 361

Borrower City

Pelham

Borrower State

AL

Borrower Zip

35124-6108

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

211883.00

Current Approval Amount

211883.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pelham

Project County Name

SHELBY

Project State

AL

Project Zip

35124-6108

CD

AL-06

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

211878.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

214572.74

Forgiveness Date

05/05/2022

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