PPP Loan information for Advanced electric, llc

$194,400

Advanced electric, llc was initially approved for PPP Loan of amount $194,400, the current approved amount is $194,400. The loan was approved on 04/09/2020 by The National Exchange Bank and Trust reported 16 jobs and $194,400 was used to fund payroll.

Advanced electric, llc is Existing or more than 2 years old

PPP Loan Search / WI / FOND DU LAC / Advanced electric, llc

ADVANCED ELECTRIC, LLC

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ADVANCED ELECTRIC, LLC

Borrower Address

467 Walker St

Borrower City

FOND DU LAC

Borrower State

WI

Borrower Zip

54936-2221

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194400.00

Current Approval Amount

194400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75818

Servicing Lender Name

National Exchange Bank and Trust

Servicing Lender Address

130 S Main St

Servicing Lender City

FOND DU LAC

Servicing Lender State

WI

Servicing Lender Zip

54935-4210

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOND DU LAC

Project County Name

FOND DU LAC

Project State

WI

Project Zip

54936-2221

CD

WI-06

Jobs Reported

16

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

180400.00

Mortgage Interest Proceed

0.00

Rent Proceed

11000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

75818

Originating Lender

National Exchange Bank and Trust

Originating Lender City

FOND DU LAC

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195465.21

Forgiveness Date

11/03/2020

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