PPP Loan information for Advanced automotive electric llc

$75,000

Advanced automotive electric llc was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/09/2020 by The United Bank of Union reported 10 jobs and $75,000 was used to fund payroll.

Advanced automotive electric llc is Existing or more than 2 years old

PPP Loan Search / MO / UNION / Advanced automotive electric llc

ADVANCED AUTOMOTIVE ELECTRIC LLC

Date Approved

04/09/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

ADVANCED AUTOMOTIVE ELECTRIC LLC

Borrower Address

519 E INDEPENDENCE DR

Borrower City

UNION

Borrower State

MO

Borrower Zip

63084-3130

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41696

Servicing Lender Name

United Bank of Union

Servicing Lender Address

15 E Main St

Servicing Lender City

UNION

Servicing Lender State

MO

Servicing Lender Zip

63084-1615

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

UNION

Project County Name

FRANKLIN

Project State

MO

Project Zip

63084-3130

CD

MO-02

Jobs Reported

10

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1871.00

Payroll Proceed

60000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4640.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8489.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

41696

Originating Lender

United Bank of Union

Originating Lender City

UNION

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

75425.00

Forgiveness Date

11/12/2020

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