PPP Loan information for Ace machining, inc

$26,000

Ace machining, inc was initially approved for PPP Loan of amount $26,000, the current approved amount is $26,000. The loan was approved on 05/12/2020 by The Pioneer Bank reported 3 jobs and $26,000 was used to fund payroll.

Ace machining, inc is Existing or more than 2 years old

PPP Loan Search / VA / STAUNTON / Ace machining, inc

ACE MACHINING, INC

Date Approved

05/12/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ACE MACHINING, INC

Borrower Address

321 Sangers Lane

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24401

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26000.00

Current Approval Amount

26000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73877

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

252 E Main St

Servicing Lender City

STANLEY

Servicing Lender State

VA

Servicing Lender Zip

22851-4039

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24401-0001

CD

VA-06

Jobs Reported

3

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5158.00

Payroll Proceed

20842.00

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

73877

Originating Lender

Pioneer Bank

Originating Lender City

STANLEY

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26172.61

Forgiveness Date

01/08/2021

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