PPP Loan information for Advanced energy concepts of worcester inc

$175,400

Advanced energy concepts of worcester inc was initially approved for PPP Loan of amount $175,400, the current approved amount is $175,400. The loan was approved on 04/05/2020 by The Savers Co-Operative Bank reported 18 jobs and $175,400 was used to fund payroll.

Advanced energy concepts of worcester inc is Existing or more than 2 years old

ADVANCED ENERGY CONCEPTS OF WORCESTER INC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ADVANCED ENERGY CONCEPTS OF WORCESTER INC

Borrower Address

151 SOUTHBRIDGE ST

Borrower City

AUBURN

Borrower State

MA

Borrower Zip

01501-2503

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175400.00

Current Approval Amount

175400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89242

Servicing Lender Name

Savers Co-Operative Bank

Servicing Lender Address

270 Main St

Servicing Lender City

SOUTHBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

01550-2553

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

WORCESTER

Project State

MA

Project Zip

01501-2503

CD

MA-02

Jobs Reported

18

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175400.00

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

89242

Originating Lender

Savers Co-Operative Bank

Originating Lender City

SOUTHBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176745.53

Forgiveness Date

01/20/2021

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