PPP Loan information for Advanced electric concepts inc.

$245,273

Advanced electric concepts inc. was initially approved for PPP Loan of amount $245,273, the current approved amount is $245,273. The loan was approved on 04/28/2020 by The Cross River Bank reported 19 jobs and $245,273 was used to fund payroll.

Advanced electric concepts inc. is Existing or more than 2 years old

ADVANCED ELECTRIC CONCEPTS INC.

Date Approved

04/28/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ADVANCED ELECTRIC CONCEPTS INC.

Borrower Address

418 NE Repass Road Suite B6

Borrower City

Vancouver

Borrower State

WA

Borrower Zip

98665

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245273.00

Current Approval Amount

245273.00

Undisbursed Amount

0.00

Franchise Name

Mr. Electric

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vancouver

Project County Name

CLARK

Project State

WA

Project Zip

98665-0001

CD

WA-03

Jobs Reported

19

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

245273.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

249076.41

Forgiveness Date

11/16/2021

;