PPP Loan information for Ace industrial supply

$2,294,000

Ace industrial supply was initially approved for PPP Loan of amount $2,498,500, the current approved amount is $2,294,000. The loan was approved on 04/30/2020 by The Citizens Business Bank reported 326 jobs and $2,294,000 was used to fund payroll.

Ace industrial supply is Existing or more than 2 years old

PPP Loan Search / CA / BURBANK / Ace industrial supply

ACE INDUSTRIAL SUPPLY

Date Approved

04/30/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ACE INDUSTRIAL SUPPLY

Borrower Address

7535 N SAN FERNANDO RD

Borrower City

BURBANK

Borrower State

CA

Borrower Zip

91505-1044

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2498500.00

Current Approval Amount

2294000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5095

Servicing Lender Name

Citizens Business Bank

Servicing Lender Address

701 N Haven Ave

Servicing Lender City

ONTARIO

Servicing Lender State

CA

Servicing Lender Zip

91764-4925

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURBANK

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91505-1044

CD

CA-29

Jobs Reported

326

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2294000.00

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

Sole Proprietorship

Originating Lender Location Id

5095

Originating Lender

Citizens Business Bank

Originating Lender City

ONTARIO

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2318511.23

Forgiveness Date

06/09/2021

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