PPP Loan information for Ace electric services, inc.

$120,071

Ace electric services, inc. was initially approved for PPP Loan of amount $120,071, the current approved amount is $120,071. The loan was approved on 04/27/2020 by The Unity Bank reported 11 jobs and $120,071 was used to fund payroll.

Ace electric services, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Somerville / Ace electric services, inc.

ACE ELECTRIC SERVICES, INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ACE ELECTRIC SERVICES, INC.

Borrower Address

3470 Route 22 West

Borrower City

Somerville

Borrower State

NJ

Borrower Zip

08876

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120071.15

Current Approval Amount

120071.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

SOMERSET

Project State

NJ

Project Zip

08876-0001

CD

NJ-07

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90060.00

Mortgage Interest Proceed

11500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18511.15

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

121368.59

Forgiveness Date

06/01/2021

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