ADVANCED ELECTRICAL CONTRACTING, INC (MA) - 2020 PPP Loan Borrower Profile (# 7130427002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED ELECTRICAL CONTRACTING, 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 Massachusetts.

Loan Detail

Loan Number

7130427002

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$21,973

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$22,103.03

Date Loan was Forgiven

Nov 20, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

19,902

Health Care Proceed

2,071

Lender

Athol Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

WINCHENDON, MA

Project Location

WINCHENDON, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.