PPP Loan information for Advanced electronic services inc

$877,192

Advanced electronic services inc was initially approved for PPP Loan of amount $877,192, the current approved amount is $877,192. The loan was approved on 02/25/2021 by The First Community Bank reported 99 jobs and $877,192 was used to fund payroll.

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

ADVANCED ELECTRONIC SERVICES INC

Date Approved

02/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ADVANCED ELECTRONIC SERVICES INC

Borrower Address

101 Technology Ln

Borrower City

Mount Airy

Borrower State

NC

Borrower Zip

27030-6683

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

877191.92

Current Approval Amount

877191.92

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

99

NAICS Code

811219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

877188.92

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

885720.17

Forgiveness Date

02/17/2022

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