PPP Loan information for Advanced electrical services inc

$693,623

Advanced electrical services inc was initially approved for PPP Loan of amount $693,623, the current approved amount is $693,623. The loan was approved on 05/07/2020 by The Wells Fargo Bank, National Association reported 42 jobs and $693,623 was used to fund payroll.

Advanced electrical services inc is Existing or more than 2 years old

PPP Loan Search / MD / COLLEGE PARK / Advanced electrical services inc

ADVANCED ELECTRICAL SERVICES INC

Date Approved

05/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ADVANCED ELECTRICAL SERVICES INC

Borrower Address

9527 51ST AVENUE

Borrower City

COLLEGE PARK

Borrower State

MD

Borrower Zip

20740

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

693623.00

Current Approval Amount

693623.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLLEGE PARK

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20740-1047

CD

MD-04

Jobs Reported

42

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

693623.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

701376.37

Forgiveness Date

06/25/2021

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