PPP Loan information for Advanced energy inc.

$243,400

Advanced energy inc. was initially approved for PPP Loan of amount $243,400, the current approved amount is $243,400. The loan was approved on 04/07/2020 by The Generations Bank reported 29 jobs and $243,400 was used to fund payroll.

Advanced energy inc. is Existing or more than 2 years old

PPP Loan Search / AR / GENTRY / Advanced energy inc.

ADVANCED ENERGY INC.

Date Approved

04/07/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ADVANCED ENERGY INC.

Borrower Address

208 E MAIN ST

Borrower City

GENTRY

Borrower State

AR

Borrower Zip

72734-8260

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243400.00

Current Approval Amount

243400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4367

Servicing Lender Name

Generations Bank

Servicing Lender Address

3710 Southern Hills Blvd, Ste 100

Servicing Lender City

ROGERS

Servicing Lender State

AR

Servicing Lender Zip

72758-8093

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GENTRY

Project County Name

BENTON

Project State

AR

Project Zip

72734-8260

CD

AR-03

Jobs Reported

29

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60850.00

Payroll Proceed

182550.00

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

Subchapter S Corporation

Originating Lender Location Id

4367

Originating Lender

Generations Bank

Originating Lender City

ROGERS

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

244961.82

Forgiveness Date

12/02/2020

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