PPP Loan information for Absolut ace contracting inc

$220,000

Absolut ace contracting inc was initially approved for PPP Loan of amount $220,000, the current approved amount is $220,000. The loan was approved on 03/12/2021 by The Valley National Bank reported 14 jobs and $220,000 was used to fund payroll.

Absolut ace contracting inc is Existing or more than 2 years old

PPP Loan Search / NJ / Florham Park / Absolut ace contracting inc

ABSOLUT ACE CONTRACTING INC

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ABSOLUT ACE CONTRACTING INC

Borrower Address

8 Country Club Ln

Borrower City

Florham Park

Borrower State

NJ

Borrower Zip

07932-2712

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220000.00

Current Approval Amount

220000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Florham Park

Project County Name

MORRIS

Project State

NJ

Project Zip

07932-2712

CD

NJ-11

Jobs Reported

14

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

219996.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

222022.78

Forgiveness Date

02/10/2022

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