PPP Loan information for Advanced electrical systems inc.

$2,000,000

Advanced electrical systems inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/29/2021 by The Stock Yards Bank & Trust Company reported 151 jobs and $2,000,000 was used to fund payroll.

Advanced electrical systems inc. is Existing or more than 2 years old

PPP Loan Search / KY / Louisville / Advanced electrical systems inc.

ADVANCED ELECTRICAL SYSTEMS INC.

Date Approved

01/29/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

ADVANCED ELECTRICAL SYSTEMS INC.

Borrower Address

3312 Gilmore Industrial Blvd

Borrower City

Louisville

Borrower State

KY

Borrower Zip

40213-2173

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27569

Servicing Lender Name

Stock Yards Bank & Trust Company

Servicing Lender Address

1040 E Main St

Servicing Lender City

LOUISVILLE

Servicing Lender State

KY

Servicing Lender Zip

40206-1856

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Louisville

Project County Name

JEFFERSON

Project State

KY

Project Zip

40213-2173

CD

KY-03

Jobs Reported

151

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

27569

Originating Lender

Stock Yards Bank & Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2015890.41

Forgiveness Date

11/23/2021

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