PPP Loan information for Advanced electronic services, inc.

$878,000

Advanced electronic services, inc. was initially approved for PPP Loan of amount $1,190,300, the current approved amount is $878,000. The loan was approved on 04/03/2020 by The First Community Bank reported 124 jobs and $878,000 was used to fund payroll.

Advanced electronic services, inc. is Existing or more than 2 years old

PPP Loan Search / NC / MOUNT AIRY / Advanced electronic services, inc.

ADVANCED ELECTRONIC SERVICES, INC.

Date Approved

04/03/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ADVANCED ELECTRONIC SERVICES, INC.

Borrower Address

101 TECHNOLOGY LANE

Borrower City

MOUNT AIRY

Borrower State

NC

Borrower Zip

27030-6683

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1190300.00

Current Approval Amount

878000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT AIRY

Project County Name

SURRY

Project State

NC

Project Zip

27030-6683

CD

NC-05

Jobs Reported

124

NAICS Code

811219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

878000.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

873280.33

Forgiveness Date

12/03/2020

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