PPP Loan information for Ace grinding & machine co.

$154,780

Ace grinding & machine co. was initially approved for PPP Loan of amount $156,285, the current approved amount is $154,780. The loan was approved on 03/05/2021 by The The Huntington National Bank reported 13 jobs and $154,780 was used to fund payroll.

Ace grinding & machine co. is Existing or more than 2 years old

PPP Loan Search / MI / Commerce Township / Ace grinding & machine co.

ACE GRINDING & MACHINE CO.

Date Approved

03/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ACE GRINDING & MACHINE CO.

Borrower Address

2020 Winner St

Borrower City

Commerce Township

Borrower State

MI

Borrower Zip

48390-3259

Loan Status Date

08/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

156284.70

Current Approval Amount

154780.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Commerce Township

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-3259

CD

MI-11

Jobs Reported

13

NAICS Code

336412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

154777.30

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156828.49

Forgiveness Date

07/14/2022

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