# PPP loan: ADVANCED ELECTRICAL SERVICES INC
> **$694K** approved 05/07/2020 · Paid in Full · Loan `3207327400`
## Borrower
- **Name:** ADVANCED ELECTRICAL SERVICES INC
- **Address:** 9527 51ST AVENUE, COLLEGE PARK, MD, 20740
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $694K
- **Initial approval:** $694K
- **Forgiven:** $701K (101%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $694K
- **Jobs reported:** 42
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*