PPP Loan information for Ace electronics of nj inc

$954,537

Ace electronics of nj inc was initially approved for PPP Loan of amount $954,537, the current approved amount is $954,537. The loan was approved on 01/29/2021 by The Loan Source Incorporated reported 93 jobs and $954,537 was used to fund payroll.

Ace electronics of nj inc is Existing or more than 2 years old

ACE ELECTRONICS OF NJ INC

Date Approved

01/29/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ACE ELECTRONICS OF NJ INC

Borrower Address

235 Liberty St

Borrower City

Metuchen

Borrower State

NJ

Borrower Zip

08840-1217

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

954537.00

Current Approval Amount

954537.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metuchen

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08840-1217

CD

NJ-06

Jobs Reported

93

NAICS Code

443142

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

954532.00

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

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

965677.62

Forgiveness Date

04/05/2022

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