PPP Loan information for Ace industries inc.

$2,000,000

Ace industries inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/24/2021 by The Truist Bank reported 286 jobs and $2,000,000 was used to fund payroll.

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

ACE INDUSTRIES INC.

Date Approved

02/24/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

ACE INDUSTRIES INC.

Borrower Address

6295 McDonough Dr

Borrower City

Norcross

Borrower State

GA

Borrower Zip

30093-1206

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norcross

Project County Name

GWINNETT

Project State

GA

Project Zip

30093-1206

CD

GA-07

Jobs Reported

286

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2009777.78

Forgiveness Date

08/26/2021

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