PPP Loan information for Advanced electrical contracting, inc

$21,973

Advanced electrical contracting, inc was initially approved for PPP Loan of amount $33,586, the current approved amount is $21,973. The loan was approved on 04/07/2020 by The Athol Savings Bank reported 4 jobs and $21,973 was used to fund payroll.

Advanced electrical contracting, inc is New Business or 2 years or less

ADVANCED ELECTRICAL CONTRACTING, INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ADVANCED ELECTRICAL CONTRACTING, INC

Borrower Address

46 MASON ST

Borrower City

WINCHENDON

Borrower State

MA

Borrower Zip

01475-1554

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33586.00

Current Approval Amount

21973.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30964

Servicing Lender Name

Athol Savings Bank

Servicing Lender Address

388 Main Street

Servicing Lender City

ATHOL

Servicing Lender State

MA

Servicing Lender Zip

01331-2228

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WINCHENDON

Project County Name

WORCESTER

Project State

MA

Project Zip

01475-1554

CD

MA-03

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19902.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2071.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

30964

Originating Lender

Athol Savings Bank

Originating Lender City

ATHOL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22103.03

Forgiveness Date

11/20/2020

;