PPP Loan information for Advanced electronic design inc

$487,215

Advanced electronic design inc was initially approved for PPP Loan of amount $487,215, the current approved amount is $487,215. The loan was approved on 04/28/2020 by The Santander Bank, National Association reported 25 jobs and $487,215 was used to fund payroll.

Advanced electronic design inc is Existing or more than 2 years old

PPP Loan Search / MA / North Attleboro / Advanced electronic design inc

ADVANCED ELECTRONIC DESIGN INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ADVANCED ELECTRONIC DESIGN INC

Borrower Address

344 John L Dietsch Blvd

Borrower City

North Attleboro

Borrower State

MA

Borrower Zip

02763

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487215.00

Current Approval Amount

487215.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Attleboro

Project County Name

BRISTOL

Project State

MA

Project Zip

02763-0130

CD

MA-04

Jobs Reported

25

NAICS Code

334111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

487215.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

491633.31

Forgiveness Date

04/01/2021

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