PPP Loan information for Ace drive products and services inc

$211,877

Ace drive products and services inc was initially approved for PPP Loan of amount $211,877, the current approved amount is $211,877. The loan was approved on 02/01/2021 by The Santander Bank, National Association reported 29 jobs and $211,877 was used to fund payroll.

Ace drive products and services inc is Existing or more than 2 years old

PPP Loan Search / NJ / Elizabeth / Ace drive products and services inc

ACE DRIVE PRODUCTS AND SERVICES INC

Date Approved

02/01/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ACE DRIVE PRODUCTS AND SERVICES INC

Borrower Address

520 York St

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07201-2041

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

211877.00

Current Approval Amount

211877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07201-2041

CD

NJ-08

Jobs Reported

29

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

211876.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

213043.77

Forgiveness Date

08/24/2021

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