PPP Loan information for Ace forming systems inc

$314,600

Ace forming systems inc was initially approved for PPP Loan of amount $314,600, the current approved amount is $314,600. The loan was approved on 04/14/2020 by The Banco Popular de Puerto Rico reported 54 jobs and $314,600 was used to fund payroll.

Ace forming systems inc is Existing or more than 2 years old

PPP Loan Search / PR / BAYAMON / Ace forming systems inc

ACE FORMING SYSTEMS INC

Date Approved

04/14/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

ACE FORMING SYSTEMS INC

Borrower Address

PR 866 Marginal Lote 17 Corujo Industrial Park

Borrower City

BAYAMON

Borrower State

PR

Borrower Zip

00961

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314600.00

Current Approval Amount

314600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAYAMON

Project County Name

BAYAMON

Project State

PR

Project Zip

00961-2900

CD

PR-

Jobs Reported

54

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11750.00

Payroll Proceed

255000.00

Mortgage Interest Proceed

0.00

Rent Proceed

47850.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

317614.92

Forgiveness Date

03/31/2021

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