ADVANCED ELECTRIC, LLC (WI) - 2020 PPP Loan Borrower Profile (# 9526307007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED ELECTRIC, LLC. 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 Wisconsin.

Loan Detail

Loan Number

9526307007

SBA Office Code

0563

Processing Method

PPP

Curent Loan Amount

$194,400

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$195,465.21

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,000

Payroll Proced

180,400

Rent Proceed

11,000

Debt Interest Proceed

1,000

Lender

National Exchange Bank and Trust

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

FOND DU LAC, WI

Project Location

FOND DU LAC, WI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.