# PPP loan: ADVANCED ELECTRICAL COMPANY LLC
> **$212K** approved 01/25/2021 · Paid in Full · Loan `5228848310`
## Borrower
- **Name:** ADVANCED ELECTRICAL COMPANY LLC
- **Address:** 235 Highway 361, Pelham, AL, 35124-6108
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $212K
- **Initial approval:** $212K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $212K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*