ADVANCED ELECTRICAL SERVICES INC. (ME) - 2020 PPP Loan Borrower Profile (# 6042077108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED ELECTRICAL SERVICES 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 Maine.

Loan Detail

Loan Number

6042077108

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$35,200

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$35,481.6

Date Loan was Forgiven

Feb 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

35,200

Lender

University Credit Union

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

CARMEL, ME

Project Location

CARMEL, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.