PPP Loan information for Advanced electrical systems inc

$83,227

Advanced electrical systems inc was initially approved for PPP Loan of amount $83,227, the current approved amount is $83,227. The loan was approved on 05/12/2020 by The Fifth Third Bank reported 11 jobs and $83,227 was used to fund payroll.

Advanced electrical systems inc is New Business or 2 years or less

PPP Loan Search / IL / SOUTH HOLLAND / Advanced electrical systems inc

ADVANCED ELECTRICAL SYSTEMS INC

Date Approved

05/12/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ADVANCED ELECTRICAL SYSTEMS INC

Borrower Address

585 W TAFT DR STE C

Borrower City

SOUTH HOLLAND

Borrower State

IL

Borrower Zip

60473

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83227.00

Current Approval Amount

83227.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SOUTH HOLLAND

Project County Name

COOK

Project State

IL

Project Zip

60473-0001

CD

IL-02

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

83227.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83980.67

Forgiveness Date

04/12/2021

;