ADVANCED ELECTRIC CONCEPTS INC. (WA) - 2020 PPP Loan Borrower Profile (# 7795747205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED ELECTRIC CONCEPTS 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 Washington.

Loan Detail

Loan Number

7795747205

SBA Office Code

1086

Processing Method

PPP

Curent Loan Amount

$245,273

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$249,076.41

Date Loan was Forgiven

Nov 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

245,273

Lender

Kabbage, Inc.

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

Vancouver, WA

Project Location

Vancouver, WA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.