PPP Loan information for Advanced electronic designs inc

$425,600

Advanced electronic designs inc was initially approved for PPP Loan of amount $425,600, the current approved amount is $425,600. The loan was approved on 04/05/2020 by The Glacier Bank reported 21 jobs and $425,600 was used to fund payroll.

Advanced electronic designs inc is Existing or more than 2 years old

ADVANCED ELECTRONIC DESIGNS INC

Date Approved

04/05/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

ADVANCED ELECTRONIC DESIGNS INC

Borrower Address

2928 W TECHNOLOGY BLVD

Borrower City

BOZEMAN

Borrower State

MT

Borrower Zip

59718-4196

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

425600.00

Current Approval Amount

425600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87893

Servicing Lender Name

Glacier Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4454

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOZEMAN

Project County Name

GALLATIN

Project State

MT

Project Zip

59718-4196

CD

MT-01

Jobs Reported

21

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

319200.00

Mortgage Interest Proceed

0.00

Rent Proceed

106400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

427967.04

Forgiveness Date

11/03/2020

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