PPP Loan information for Ace hardware

$106,600

Ace hardware was initially approved for PPP Loan of amount $106,600, the current approved amount is $106,600. The loan was approved on 04/11/2020 by The Citizens State Bank of New Castle reported 20 jobs and $106,600 was used to fund payroll.

Ace hardware is Existing or more than 2 years old

ACE HARDWARE

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ACE HARDWARE

Borrower Address

441 S MEMORIAL DR

Borrower City

NEW CASTLE

Borrower State

IN

Borrower Zip

47362-4950

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106600.00

Current Approval Amount

106600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24059

Servicing Lender Name

Citizens State Bank of New Castle

Servicing Lender Address

1238 Broad St

Servicing Lender City

NEW CASTLE

Servicing Lender State

IN

Servicing Lender Zip

47362-4509

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW CASTLE

Project County Name

HENRY

Project State

IN

Project Zip

47362-4950

CD

IN-06

Jobs Reported

20

NAICS Code

444130

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

600.00

Payroll Proceed

87538.00

Mortgage Interest Proceed

0.00

Rent Proceed

18462.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24059

Originating Lender

Citizens State Bank of New Castle

Originating Lender City

NEW CASTLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107503.14

Forgiveness Date

03/01/2021

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