ADVANTAGE ELECTRIC & UILITIES INC (NC) - 2020 PPP Loan Borrower Profile (# 9936217105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE ELECTRIC & UILITIES 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 North Carolina.

Loan Detail

Loan Number

9936217105

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$44,097

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$44,411.8

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

44,097

Lender

Southern Bank and Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

ROCKY MOUNT, NC

Project Location

ROCKY MOUNT, NC

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Change of Ownership

Data Source: SBA.