PPP Loan information for Advanced electrical concepts inc.

$232,000

Advanced electrical concepts inc. was initially approved for PPP Loan of amount $232,000, the current approved amount is $232,000. The loan was approved on 05/01/2020 by The TD Bank, National Association reported 14 jobs and $232,000 was used to fund payroll.

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

ADVANCED ELECTRICAL CONCEPTS INC.

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

ADVANCED ELECTRICAL CONCEPTS INC.

Borrower Address

5192 amboy road

Borrower City

staten island

Borrower State

NY

Borrower Zip

10312

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232000.00

Current Approval Amount

232000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

staten island

Project County Name

RICHMOND

Project State

NY

Project Zip

10312-0001

CD

NY-11

Jobs Reported

14

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

232000.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

185276.00

Forgiveness Date

02/16/2022

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