PPP Loan information for Ace brokerage inc

$302,860

Ace brokerage inc was initially approved for PPP Loan of amount $302,860, the current approved amount is $302,860. The loan was approved on 03/31/2021 by The Valley National Bank reported 52 jobs and $302,860 was used to fund payroll.

Ace brokerage inc is Existing or more than 2 years old

ACE BROKERAGE INC

Date Approved

03/31/2021

SBA Office Code

0235

Processing Method

PPS

Borrower Name

ACE BROKERAGE INC

Borrower Address

11 W Lincoln Ave

Borrower City

Valley Stream

Borrower State

NY

Borrower Zip

11580-5741

Loan Status Date

07/29/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

302860.00

Current Approval Amount

302860.00

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

Valley Stream

Project County Name

NASSAU

Project State

NY

Project Zip

11580-5741

CD

NY-04

Jobs Reported

52

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

302856.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306435.43

Forgiveness Date

06/07/2022

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