PPP Loan information for Advanced technologies in electrical and communications, inc.

$337,800

Advanced technologies in electrical and communications, inc. was initially approved for PPP Loan of amount $337,800, the current approved amount is $337,800. The loan was approved on 04/05/2020 by The The Farmers Bank, Frankfort, Indiana reported 19 jobs and $337,800 was used to fund payroll.

Advanced technologies in electrical and communications, inc. is Existing or more than 2 years old

PPP Loan Search / IN / LEBANON / Advanced technologies in electrical and communications, inc.

ADVANCED TECHNOLOGIES IN ELECTRICAL AND COMMUNICATIONS, INC.

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ADVANCED TECHNOLOGIES IN ELECTRICAL AND COMMUNICATIONS, INC.

Borrower Address

419 Ransdell Rd

Borrower City

LEBANON

Borrower State

IN

Borrower Zip

46052-2348

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337800.00

Current Approval Amount

337800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23150

Servicing Lender Name

The Farmers Bank, Frankfort, Indiana

Servicing Lender Address

9 E Clinton St

Servicing Lender City

FRANKFORT

Servicing Lender State

IN

Servicing Lender Zip

46041-1902

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

BOONE

Project State

IN

Project Zip

46052-2348

CD

IN-04

Jobs Reported

19

NAICS Code

238210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

337800.00

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

23150

Originating Lender

The Farmers Bank, Frankfort, Indiana

Originating Lender City

FRANKFORT

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

340743.02

Forgiveness Date

03/01/2021

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