PPP Loan information for Advanced electrical concepts inc

$250,974

Advanced electrical concepts inc was initially approved for PPP Loan of amount $250,974, the current approved amount is $250,974. The loan was approved on 01/25/2021 by The Cross River Bank reported 17 jobs and $250,974 was used to fund payroll.

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

PPP Loan Search / WA / Vancouver / Advanced electrical concepts inc

ADVANCED ELECTRICAL CONCEPTS INC

Date Approved

01/25/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

ADVANCED ELECTRICAL CONCEPTS INC

Borrower Address

418 NE Repass Rd Ste B6

Borrower City

Vancouver

Borrower State

WA

Borrower Zip

98665-8300

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250974.00

Current Approval Amount

250974.00

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

98665-8300

CD

WA-03

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

250972.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

252940.54

Forgiveness Date

11/17/2021

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