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
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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