ADVANCED ELECTRONIC DESIGNS INC (MT) - 2020 PPP Loan Borrower Profile (# 5461397001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED ELECTRONIC DESIGNS 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 Montana.

Loan Detail

Loan Number

5461397001

SBA Office Code

0885

Processing Method

PPP

Curent Loan Amount

$425,600

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$427,967.04

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

319,200

Rent Proceed

106,400

Lender

Glacier Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

541330

Borrower Location

BOZEMAN, MT

Project Location

BOZEMAN, MT

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.