PPP Loan information for Advance electrical supply company llc

$1,288,707

Advance electrical supply company llc was initially approved for PPP Loan of amount $1,288,707, the current approved amount is $1,288,707. The loan was approved on 01/26/2021 by The The Huntington National Bank reported 75 jobs and $1,288,707 was used to fund payroll.

Advance electrical supply company llc is Existing or more than 2 years old

ADVANCE ELECTRICAL SUPPLY COMPANY LLC

Date Approved

01/26/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ADVANCE ELECTRICAL SUPPLY COMPANY LLC

Borrower Address

263 N Oakley Blvd

Borrower City

Chicago

Borrower State

IL

Borrower Zip

60612-2239

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1288707.00

Current Approval Amount

1288707.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chicago

Project County Name

COOK

Project State

IL

Project Zip

60612-2239

CD

IL-07

Jobs Reported

75

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1288705.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1298063.37

Forgiveness Date

10/25/2021

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