PPP Loan information for Advanced communications and electronics

$378,832

Advanced communications and electronics was initially approved for PPP Loan of amount $378,832, the current approved amount is $378,832. The loan was approved on 05/14/2020 by The U.S. Bank, National Association reported 26 jobs and $378,832 was used to fund payroll.

Advanced communications and electronics is Existing or more than 2 years old

PPP Loan Search / NM / ALBUQUERQUE / Advanced communications and electronics

ADVANCED COMMUNICATIONS AND ELECTRONICS

Date Approved

05/14/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

ADVANCED COMMUNICATIONS AND ELECTRONICS

Borrower Address

2417 BAYLOR DR SE

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87106

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378832.00

Current Approval Amount

378832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87106-0001

CD

NM-01

Jobs Reported

26

NAICS Code

811213

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

378832.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

382483.52

Forgiveness Date

05/03/2021

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