PPP Loan information for Ace heating and air conditioning inc

$112,600

Ace heating and air conditioning inc was initially approved for PPP Loan of amount $112,600, the current approved amount is $112,600. The loan was approved on 04/07/2020 by The Sherburne State Bank reported 14 jobs and $112,600 was used to fund payroll.

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

PPP Loan Search / MN / PRINCETON / Ace heating and air conditioning inc

ACE HEATING AND AIR CONDITIONING INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

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

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112600.00

Current Approval Amount

112600.00

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

14

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

112600.00

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

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

113535.21

Forgiveness Date

02/11/2021

;