PPP Loan information for Advantage electric inc

$107,600

Advantage electric inc was initially approved for PPP Loan of amount $107,600, the current approved amount is $107,600. The loan was approved on 04/04/2020 by The Bank Forward reported 8 jobs and $107,600 was used to fund payroll.

Advantage electric inc is Existing or more than 2 years old

ADVANTAGE ELECTRIC INC

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ADVANTAGE ELECTRIC INC

Borrower Address

8227 33RD ST SE

Borrower City

JAMESTOWN

Borrower State

ND

Borrower Zip

58401-9242

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107600.00

Current Approval Amount

107600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52827

Servicing Lender Name

Bank Forward

Servicing Lender Address

390 Wheat St

Servicing Lender City

HANNAFORD

Servicing Lender State

ND

Servicing Lender Zip

58448-4801

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JAMESTOWN

Project County Name

STUTSMAN

Project State

ND

Project Zip

58401-9242

CD

ND-

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21488.00

Payroll Proceed

86112.00

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

52827

Originating Lender

Bank Forward

Originating Lender City

HANNAFORD

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100208.52

Forgiveness Date

11/20/2020

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