PPP Loan information for Advanced electronics systems inc.

$53,271

Advanced electronics systems inc. was initially approved for PPP Loan of amount $53,271, the current approved amount is $53,271. The loan was approved on 02/06/2021 by The Farmers and Merchants Trust Company of Chambersburg reported 4 jobs and $53,271 was used to fund payroll.

Advanced electronics systems inc. is Existing or more than 2 years old

ADVANCED ELECTRONICS SYSTEMS INC.

Date Approved

02/06/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ADVANCED ELECTRONICS SYSTEMS INC.

Borrower Address

2005 Lincoln Way E

Borrower City

Chambersburg

Borrower State

PA

Borrower Zip

17202-3353

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53270.90

Current Approval Amount

53270.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59936

Servicing Lender Name

Farmers and Merchants Trust Company of Chambersburg

Servicing Lender Address

20 S Main St

Servicing Lender City

CHAMBERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17201-2202

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chambersburg

Project County Name

FRANKLIN

Project State

PA

Project Zip

17202-3353

CD

PA-13

Jobs Reported

4

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

53266.90

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

Subchapter S Corporation

Originating Lender Location Id

59936

Originating Lender

Farmers and Merchants Trust Company of Chambersburg

Originating Lender City

CHAMBERSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53583.13

Forgiveness Date

09/09/2021

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