Advanced Electrical Systems Inc.

$624,040 PPP Loan in Killeen, Texas

Loan Details

Loan Number
7400158404
Date Approved
Feb 11, 2021
Loan Status
Paid in Full
Initial Approval
$624,040
Current Approval
$624,040
Forgiveness Amount
$627,784
Forgiveness Date
Sep 29, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Advanced Electrical Systems Inc.
Address
1093 Briggs Rd
State
Texas
ZIP Code
76549-3340
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$15.5M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$624,038
Utilities
$1

Lender Information

Servicing Lender
Verabank, National Association
Originating Lender
Verabank, National Association

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