PPP Loan information for Ace auto llc

$68,645

Ace auto llc was initially approved for PPP Loan of amount $68,645, the current approved amount is $68,645. The loan was approved on 04/09/2020 by The Sterling State Bank reported 10 jobs and $68,645 was used to fund payroll.

Ace auto llc is Existing or more than 2 years old

ACE AUTO LLC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ACE AUTO LLC

Borrower Address

16302 JORDAN AVE

Borrower City

JORDAN

Borrower State

MN

Borrower Zip

55352-9377

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68645.00

Current Approval Amount

68645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JORDAN

Project County Name

SCOTT

Project State

MN

Project Zip

55352-9377

CD

MN-02

Jobs Reported

10

NAICS Code

811118

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68645.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69466.83

Forgiveness Date

06/16/2021

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