PPP Loan information for Ace hospitality inc.

$290,290

Ace hospitality inc. was initially approved for PPP Loan of amount $290,290, the current approved amount is $290,290. The loan was approved on 03/06/2021 by The F&M Bank reported 62 jobs and $290,290 was used to fund payroll.

Ace hospitality inc. is Existing or more than 2 years old

ACE HOSPITALITY INC.

Date Approved

03/06/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

ACE HOSPITALITY INC.

Borrower Address

280 Warfield Blvd

Borrower City

Clarksville

Borrower State

TN

Borrower Zip

37043-1828

Loan Status Date

10/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

290290.00

Current Approval Amount

290290.00

Undisbursed Amount

0.00

Franchise Name

Residence Inn by Marriott

Servicing Lender Location Id

66835

Servicing Lender Name

F&M Bank

Servicing Lender Address

50 Franklin St

Servicing Lender City

CLARKSVILLE

Servicing Lender State

TN

Servicing Lender Zip

37040-3436

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clarksville

Project County Name

MONTGOMERY

Project State

TN

Project Zip

37043-1828

CD

TN-07

Jobs Reported

62

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

290287.00

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

Corporation

Originating Lender Location Id

66835

Originating Lender

F&M Bank

Originating Lender City

CLARKSVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

294587.90

Forgiveness Date

09/01/2022

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