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  5. ADVANCE ELECTRIC CO. INC.

ADVANCE ELECTRIC CO. INC.

Company Details

Name: ADVANCE ELECTRIC CO. INC.
Jurisdiction: MISSISSIPPI
Business Type: Profit Corporation
Status: Good Standing
Effective Date: 01 Jul 1991 (34 years ago)
Business ID: 581305
ZIP code: 38654
County: DeSoto
State of Incorporation: TENNESSEE
Principal Office Address: 10500 Highway 178;Olive Branch, MS 38654

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
ADVANCE ELECTRIC CO. , INC. EMPLOYEES' RETIREMENT PLAN 2023 621205589 2024-12-05 ADVANCE ELECTRIC CO., INC. 99
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654

Signature of
Role Plan administrator
Date 2024-12-05
Name of individual signing RHONDA HICKS
Valid signature Filed with authorized/valid electronic signature
ADVANCE ELECTRIC CO., INC. EMPLOYEES' RETIREMENT PLAN AND TRUST 2022 621205589 2023-08-24 ADVANCE ELECTRIC CO., INC. 103
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 386548186

Signature of
Role Plan administrator
Date 2023-08-24
Name of individual signing RHONDA HICKS
Valid signature Filed with authorized/valid electronic signature
ADVANCE ELECTRIC CO., INC. EMPLOYEES' RETIREMENT PLAN AND TRUST 2021 621205589 2022-08-15 ADVANCE ELECTRIC CO., INC. 99
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 386548186

Signature of
Role Plan administrator
Date 2022-08-09
Name of individual signing RHONDA HICKS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2022-08-15
Name of individual signing RHONDA HICKS
Valid signature Filed with authorized/valid electronic signature
ADVANCE ELECTRIC CO., INC. EMPLOYEES' RETIREMENT PLAN AND TRUST 2020 621205589 2021-09-14 ADVANCE ELECTRIC CO., INC. 100
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 386548186

Signature of
Role Plan administrator
Date 2021-09-14
Name of individual signing RHONDA HICKS
Valid signature Filed with authorized/valid electronic signature
ADVANCE ELECTRIC CO., INC. EMPLOYEES' RETIREMENT PLAN AND TRUST 2019 621205589 2021-02-24 ADVANCE ELECTRIC CO., INC. 101
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 386548186

Signature of
Role Plan administrator
Date 2021-02-24
Name of individual signing EDWARD ODOM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2021-02-24
Name of individual signing EDWARD ODOM
Valid signature Filed with authorized/valid electronic signature
ADVANCE ELECTRIC CO., INC. EMPLOYEES' RETIREMENT PLAN & TRUST 2018 621205589 2019-09-01 ADVANCE ELECTRIC CO., INC. 102
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654

Signature of
Role Plan administrator
Date 2019-09-01
Name of individual signing EDWARD ODOM
Valid signature Filed with authorized/valid electronic signature
ADVANCE ELECTRIC CO., INC. EMPLOYEES RETIREMENT PLAN & TRUST 2017 621205589 2018-12-20 ADVANCE ELECTRIC CO., INC. 86
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654

Signature of
Role Plan administrator
Date 2018-12-20
Name of individual signing EDWARD ODOM
Valid signature Filed with authorized/valid electronic signature
ADVANCE ELECTRIC CO., INC. EMPLOYEES RETIREMENT PLAN & TRUST 2016 621205589 2018-01-23 ADVANCE ELECTRIC CO., INC. 94
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654

Signature of
Role Plan administrator
Date 2018-01-23
Name of individual signing EDWARD ODOM
Valid signature Filed with authorized/valid electronic signature
ADVANCE ELECTRIC CO., INC. EMPLOYEES RETIREMENT PLAN & TRUST 2015 621205589 2017-04-11 ADVANCE ELECTRIC CO., INC. 89
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654

Signature of
Role Plan administrator
Date 2017-04-11
Name of individual signing EDWARD ODOM
Valid signature Filed with authorized/valid electronic signature
ADVANCE ELECTRIC CO., INC. EMPLOYEES RETIREMENT PLAN & TRUST 2014 621205589 2016-04-06 ADVANCE ELECTRIC CO., INC. 83
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654

Signature of
Role Plan administrator
Date 2016-04-06
Name of individual signing EDWARD ODOM
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2015/01/27/20150127143259P030061869607001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654

Plan administrator’s name and address
Administrator’s EIN 621205589
Plan administrator’s name ADVANCE ELECTRIC CO., INC.
Plan administrator’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654
Administrator’s telephone number 6628956335

Signature of
Role Plan administrator
Date 2015-01-27
Name of individual signing EDWARD ODOM
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2014/01/16/20140116144905P040172014035001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654

Plan administrator’s name and address
Administrator’s EIN 621205589
Plan administrator’s name ADVANCE ELECTRIC CO., INC.
Plan administrator’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654
Administrator’s telephone number 6628956335

Signature of
Role Plan administrator
Date 2014-01-16
Name of individual signing EDWARD ODOM
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2013/01/28/20130128111057P030090150705001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654

Plan administrator’s name and address
Administrator’s EIN 621205589
Plan administrator’s name ADVANCE ELECTRIC CO., INC.
Plan administrator’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654
Administrator’s telephone number 6628956335

Signature of
Role Plan administrator
Date 2013-01-28
Name of individual signing EDWARD ODOM
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2011/11/02/20111102134140P040054386327001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654

Plan administrator’s name and address
Administrator’s EIN 621205589
Plan administrator’s name ADVANCE ELECTRIC CO., INC.
Plan administrator’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654
Administrator’s telephone number 6628956335

Signature of
Role Plan administrator
Date 2011-11-02
Name of individual signing EDWARD ODOM
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2011/01/05/20110105150832P040001382930001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1995-07-01
Business code 238210
Sponsor’s telephone number 6628956335
Plan sponsor’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654

Plan administrator’s name and address
Administrator’s EIN 621205589
Plan administrator’s name ADVANCE ELECTRIC CO., INC.
Plan administrator’s address 10500 HIGHWAY 178, OLIVE BRANCH, MS, 38654
Administrator’s telephone number 6628956335

Signature of
Role Plan administrator
Date 2011-01-05
Name of individual signing EDWARD ODOM
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
Odom, Edward J Agent 10500 Highway 178;, Olive Branch, MS 38654

Incorporator

Name Role Address
Nancy Odom Incorporator 453 Distribution Parkway, # 1, Collierville, TN 38017

Director

Name Role Address
Edward J Odom Director 10500 Highway 178, Olive Branch, MS 38654
James D Odom Director 10500 Highway 178, Olive Branch, MS 38654
Johnny D Embry Director 10500 Highway 178, Olive Branch, MS 38654
Christopher M Hines Director 10500 Highway 178, Olive Branch, MS 38654

President

Name Role Address
Edward J Odom President 10500 Highway 178, Olive Branch, MS 38654

Secretary

Name Role Address
James D Odom Secretary 10500 Highway 178, Olive Branch, MS 38654

Treasurer

Name Role Address
James D Odom Treasurer 10500 Highway 178, Olive Branch, MS 38654

Filings

Type Status Filed Date Description
Annual Report Filed 2025-01-13 Annual Report For ADVANCE ELECTRIC CO. INC.
Annual Report Filed 2024-05-13 Annual Report For ADVANCE ELECTRIC CO. INC.
Annual Report Filed 2023-01-24 Annual Report For ADVANCE ELECTRIC CO. INC.
Annual Report Filed 2022-02-07 Annual Report For ADVANCE ELECTRIC CO. INC.
Annual Report Filed 2021-06-16 Annual Report For ADVANCE ELECTRIC CO. INC.
Annual Report Filed 2020-05-14 Annual Report For ADVANCE ELECTRIC CO. INC.
Annual Report Filed 2019-09-03 Annual Report For ADVANCE ELECTRIC CO. INC.
Notice to Dissolve/Revoke Filed 2019-08-22 Notice to Dissolve/Revoke
Annual Report Filed 2018-10-04 Annual Report For ADVANCE ELECTRIC CO. INC.
Notice to Dissolve/Revoke Filed 2018-09-07 Notice to Dissolve/Revoke

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4653867000 2020-04-04 0470 PPP 10500 Highway 178, OLIVE BRANCH, MS, 38654-8186
Loan Status Date 2021-01-22
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 1276000
Loan Approval Amount (current) 1276000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39763
Servicing Lender Name Planters Bank & Trust Company
Servicing Lender Address 212 Catchings Ave, INDIANOLA, MS, 38751-2408
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address OLIVE BRANCH, DESOTO, MS, 38654-8186
Project Congressional District MS-01
Number of Employees 114
NAICS code 238210
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 39763
Originating Lender Name Planters Bank & Trust Company
Originating Lender Address INDIANOLA, MS
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 1283271.45
Forgiveness Paid Date 2020-11-05

Related by officers

Edward J Odom

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James D Odom

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Related by address

No related companies by address

Date of last update: 14 Mar 2025

Sources: Mississippi Secretary of State

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