Advanced Electric Inc.

$90,500 PPP Loan in Elkview, West Virginia

Loan Details

Loan Number
4646728503
Date Approved
Feb 26, 2021
Loan Status
Paid in Full
Initial Approval
$90,500
Current Approval
$90,500
Forgiveness Amount
$91,312
Forgiveness Date
Jan 19, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Advanced Electric Inc.
Address
8241 Frame Rd
ZIP Code
25071-7526
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
WV-01

Loan Use Breakdown

Payroll
$90,499
Utilities
$1

Lender Information

Servicing Lender
Burke & Herbert Bank & Trust Company
Originating Lender
Burke and Herbert Bank and Trust Company

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