Advanced Electric INC
$90,500 PPP Loan in Elkview, West Virginia
Loan Details
- Loan Number
- 8792837305
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $90,500
- Current Approval
- $90,500
- Forgiveness Amount
- $91,201
- Forgiveness Date
- Feb 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Advanced Electric INC
- Address
- 8241 Frame Rd
- City
- Elkview
- State
- West Virginia
- 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
- $72,000
- Utilities
- $2,500
- Mortgage Interest
- $16,000
Lender Information
- Servicing Lender
- Burke & Herbert Bank & Trust Company
- Originating Lender
- Burke and Herbert Bank and Trust Company
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