PPP borrower record

ADVANCED ELECTRIC INC. PPP loan record

Public SBA PPP loan record for ADVANCED ELECTRIC INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$90,500
Approved amount
N/A
Forgiven amount
2021-02-26
Date approved

Borrower and loan details

Borrower
ADVANCED ELECTRIC INC.
Loan number
4646728503
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Elkview
Borrower state
West Virginia
Borrower ZIP
25071
Jobs reported
7
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Summit Community Bank, Inc.
Originating lender
Summit Community Bank, Inc.

Reported use of proceeds

Payroll
$90,499
Rent
N/A
Utilities
$1
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.