PPP Loan information for Aec advanced electric company

$154,110

Aec advanced electric company was initially approved for PPP Loan of amount $154,110, the current approved amount is $154,110. The loan was approved on 06/15/2021 by The Valley Economic Development Partners, Inc. reported 8 jobs and $154,110 was used to fund payroll.

Aec advanced electric company is Existing or more than 2 years old

PPP Loan Search / OH / Akron / Aec advanced electric company

AEC ADVANCED ELECTRIC COMPANY

Date Approved

06/15/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

AEC ADVANCED ELECTRIC COMPANY

Borrower Address

3308 E Waterloo Rd

Borrower City

Akron

Borrower State

OH

Borrower Zip

44312-4041

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

154110.00

Current Approval Amount

154110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188152

Servicing Lender Name

Valley Economic Development Partners, Inc.

Servicing Lender Address

4319 Belmont Avenue

Servicing Lender City

Youngstown

Servicing Lender State

OH

Servicing Lender Zip

44505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Akron

Project County Name

SUMMIT

Project State

OH

Project Zip

44312-4041

CD

OH-13

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

154108.00

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

188152

Originating Lender

Valley Economic Development Partners, Inc.

Originating Lender City

Youngstown

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155770.96

Forgiveness Date

07/19/2022

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