PPP Loan information for Ace heating and air conditioning inc

$98,288

Ace heating and air conditioning inc was initially approved for PPP Loan of amount $98,288, the current approved amount is $98,288. The loan was approved on 01/27/2021 by The Sherburne State Bank reported 8 jobs and $98,288 was used to fund payroll.

Ace heating and air conditioning inc is Existing or more than 2 years old

ACE HEATING AND AIR CONDITIONING INC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ACE HEATING AND AIR CONDITIONING INC

Borrower Address

7174 Highway 95 NW

Borrower City

Princeton

Borrower State

MN

Borrower Zip

55371-5033

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98287.88

Current Approval Amount

98287.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38878

Servicing Lender Name

Sherburne State Bank

Servicing Lender Address

12500 Sherburne Ave

Servicing Lender City

BECKER

Servicing Lender State

MN

Servicing Lender Zip

55308

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Princeton

Project County Name

ISANTI

Project State

MN

Project Zip

55371-5033

CD

MN-08

Jobs Reported

8

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

98282.88

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

Subchapter S Corporation

Originating Lender Location Id

38878

Originating Lender

Sherburne State Bank

Originating Lender City

BECKER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98820.27

Forgiveness Date

08/20/2021

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