PPP Loan information for Ace automotive service, inc

$33,700

Ace automotive service, inc was initially approved for PPP Loan of amount $33,700, the current approved amount is $33,700. The loan was approved on 04/11/2020 by The First Farmers Bank & Trust Co. reported 4 jobs and $33,700 was used to fund payroll.

Ace automotive service, inc is Existing or more than 2 years old

PPP Loan Search / IN / Kokomo / Ace automotive service, inc

ACE AUTOMOTIVE SERVICE, INC

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ACE AUTOMOTIVE SERVICE, INC

Borrower Address

201 W Morgan St

Borrower City

Kokomo

Borrower State

IN

Borrower Zip

46901-2252

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33700.00

Current Approval Amount

33700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kokomo

Project County Name

HOWARD

Project State

IN

Project Zip

46901-2252

CD

IN-05

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

33700.00

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

Corporation

Originating Lender Location Id

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29870.88

Forgiveness Date

11/17/2020

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