ADVANCED ENERGY INC. (AR) - 2020 PPP Loan Borrower Profile (# 7293867010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED ENERGY INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Arkansas.

Loan Detail

Loan Number

7293867010

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$243,400

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$244,961.82

Date Loan was Forgiven

Dec 2, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

60,850

Payroll Proced

182,550

Lender

Generations Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

GENTRY, AR

Project Location

GENTRY, AR

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.