PPP Loan information for Advance electrical corporation

$397,465

Advance electrical corporation was initially approved for PPP Loan of amount $397,465, the current approved amount is $397,465. The loan was approved on 01/25/2021 by The Bristol County Savings Bank reported 25 jobs and $397,465 was used to fund payroll.

Advance electrical corporation is Existing or more than 2 years old

PPP Loan Search / RI / Smithfield / Advance electrical corporation

ADVANCE ELECTRICAL CORPORATION

Date Approved

01/25/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

ADVANCE ELECTRICAL CORPORATION

Borrower Address

33 Appian Way

Borrower City

Smithfield

Borrower State

RI

Borrower Zip

02917-1777

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

397465.00

Current Approval Amount

397465.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33371

Servicing Lender Name

Bristol County Savings Bank

Servicing Lender Address

29 Broadway

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-3269

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Smithfield

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02917-1777

CD

RI-01

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

397465.00

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

33371

Originating Lender

Bristol County Savings Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

400324.54

Forgiveness Date

10/25/2021

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