PPP Loan information for Ace iron & metals

$118,600

Ace iron & metals was initially approved for PPP Loan of amount $144,300, the current approved amount is $118,600. The loan was approved on 04/13/2020 by The Merchants and Manufacturers Bank reported 13 jobs and $118,600 was used to fund payroll.

Ace iron & metals is Existing or more than 2 years old

PPP Loan Search / IL / JOLIET / Ace iron & metals

ACE IRON & METALS

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ACE IRON & METALS

Borrower Address

11 3RD AVE

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60433-1849

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144300.00

Current Approval Amount

118600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21574

Servicing Lender Name

Merchants and Manufacturers Bank

Servicing Lender Address

801 S Briggs St

Servicing Lender City

JOLIET

Servicing Lender State

IL

Servicing Lender Zip

60433-9522

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60433-1849

CD

IL-14

Jobs Reported

13

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4900.00

Payroll Proceed

99900.00

Mortgage Interest Proceed

0.00

Rent Proceed

2500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11300.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21574

Originating Lender

Merchants and Manufacturers Bank

Originating Lender City

JOLIET

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

119822.24

Forgiveness Date

04/28/2021

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