PPP Loan information for Advanced electrical systems inc.

$624,040

Advanced electrical systems inc. was initially approved for PPP Loan of amount $624,040, the current approved amount is $624,040. The loan was approved on 02/11/2021 by The VeraBank, National Association reported 47 jobs and $624,040 was used to fund payroll.

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

PPP Loan Search / TX / Killeen / Advanced electrical systems inc.

ADVANCED ELECTRICAL SYSTEMS INC.

Date Approved

02/11/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

ADVANCED ELECTRICAL SYSTEMS INC.

Borrower Address

1093 Briggs Rd

Borrower City

Killeen

Borrower State

TX

Borrower Zip

76549-3340

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

624040.15

Current Approval Amount

624040.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70109

Servicing Lender Name

VeraBank, National Association

Servicing Lender Address

201 W Main St

Servicing Lender City

HENDERSON

Servicing Lender State

TX

Servicing Lender Zip

75652-3106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Killeen

Project County Name

BELL

Project State

TX

Project Zip

76549-3340

CD

TX-11

Jobs Reported

47

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

624038.15

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

70109

Originating Lender

VeraBank, National Association

Originating Lender City

HENDERSON

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

627784.39

Forgiveness Date

09/29/2021

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