PPP Loan information for Ace drive products & services, inc

$211,878

Ace drive products & services, inc was initially approved for PPP Loan of amount $211,878, the current approved amount is $211,878. The loan was approved on 04/28/2020 by The Santander Bank, National Association reported 32 jobs and $211,878 was used to fund payroll.

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

PPP Loan Search / NJ / ELIZABETH / Ace drive products & services, inc

ACE DRIVE PRODUCTS & SERVICES, INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ACE DRIVE PRODUCTS & SERVICES, INC

Borrower Address

520 YORK STREET

Borrower City

ELIZABETH

Borrower State

NJ

Borrower Zip

07201

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

211878.00

Current Approval Amount

211878.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETH

Project County Name

UNION

Project State

NJ

Project Zip

07201-0801

CD

NJ-08

Jobs Reported

32

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

211878.00

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

213921.32

Forgiveness Date

04/22/2021

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