Advance Electrical Corporation

$379,500 PPP Loan in Smithfield, Rhode Island

Loan Details

Loan Number
5446087102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$379,500
Current Approval
$379,500
Forgiveness Amount
$381,935
Forgiveness Date
Dec 4, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Advance Electrical Corporation
Address
33 Appian Way
ZIP Code
02917-1777
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
RI-01

Loan Use Breakdown

Payroll
$379,500

Lender Information

Servicing Lender
Bristol County Savings Bank
Originating Lender
Freedom National Bank, a Division of

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