Date Approved
04/13/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
ADVANCED ENVIRONMENTAL RECYCLING INC
Borrower Address
27404 Highway 31
Borrower City
FLOMATON
Borrower State
AL
Borrower Zip
36441-4549
Loan Status Date
02/24/2021
Loan Status
Charged Off
Term
3
SBA Guaranty Percentage
100
Initial Approval Amount
36700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
225134
Servicing Lender Name
Truist Bank
Servicing Lender Address
214 N Tryon St
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-1078
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
ESCAMBIA
Project State
Project Zip
CD
AL-01
Jobs Reported
6
NAICS Code
339999
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
Forgiveness Date