# PPP loan: ADVANCED ELECTRICAL SERVICE, INC
> **$150K** approved 03/15/2021 · Paid in Full · Loan `2750378604`
## Borrower
- **Name:** ADVANCED ELECTRICAL SERVICE, INC
- **Address:** 110 Harwood Drive 110 Harwood Drive, Newport News, VA, 23603
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 20
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*