PPP Loan information for Advanced electronic assembly

$96,700

Advanced electronic assembly was initially approved for PPP Loan of amount $96,700, the current approved amount is $96,700. The loan was approved on 05/01/2020 by The Truist Bank reported 8 jobs and $96,700 was used to fund payroll.

Advanced electronic assembly is Existing or more than 2 years old

ADVANCED ELECTRONIC ASSEMBLY

Date Approved

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ADVANCED ELECTRONIC ASSEMBLY

Borrower Address

320 S. Franklin Street

Borrower City

Boyertown

Borrower State

PA

Borrower Zip

19512

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96700.00

Current Approval Amount

96700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boyertown

Project County Name

BERKS

Project State

PA

Project Zip

19512-0001

CD

PA-04

Jobs Reported

8

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

96700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97610.59

Forgiveness Date

04/19/2021

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