Advance Ross Electronics Corporation
$476,813 PPP Loan in Longview, Texas
Loan Details
- Loan Number
- 3362547102
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $476,813
- Current Approval
- $476,813
- Forgiveness Amount
- $480,497
- Forgiveness Date
- Jan 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Advance Ross Electronics Corporation
- Address
- 3000 East Marshall Avenue
- City
- Longview
- State
- Texas
- ZIP Code
- 75601-6118
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333413)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 30
- Estimated Revenue
- $7.9M
- Rural/Urban
- Urban
- Congressional District
- TX-01
Loan Use Breakdown
- Payroll
- $470,813
- Utilities
- $6,000
Lender Information
- Servicing Lender
- Texas Capital Bank
- Originating Lender
- Texas Capital Bank
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|---|---|---|
| Axis Energy Services Holdings LLC | $9,527,000 | |
| Genesis Endeavors LLC | $6,051,500 | |
| Associated Clinicians of East Texas Pllc | $4,608,000 | |
| S P & G Sales, a Partnership | $3,316,200 | |
| R & K Distributors, Inc. | $2,171,400 |
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