PPP Loan information for Advance electrical, llc

$77,720

Advance electrical, llc was initially approved for PPP Loan of amount $77,720, the current approved amount is $77,720. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $77,720 was used to fund payroll.

Advance electrical, llc is New Business or 2 years or less

PPP Loan Search / CA / LAKE ELSINORE / Advance electrical, llc

ADVANCE ELECTRICAL, LLC

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

ADVANCE ELECTRICAL, LLC

Borrower Address

18283 PASADENA ST STE 103

Borrower City

LAKE ELSINORE

Borrower State

CA

Borrower Zip

92530-2792

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77720.00

Current Approval Amount

77720.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LAKE ELSINORE

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92530-2792

CD

CA-41

Jobs Reported

9

NAICS Code

238210

Race

American Indian or Alaska Native

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

77720.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

78454.61

Forgiveness Date

04/15/2021

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