PPP Loan information for Ace metropolitan distributors, inc

$60,062

Ace metropolitan distributors, inc was initially approved for PPP Loan of amount $60,062, the current approved amount is $60,062. The loan was approved on 08/06/2020 by The JPMorgan Chase Bank, National Association reported 5 jobs and $60,062 was used to fund payroll.

Ace metropolitan distributors, inc is Existing or more than 2 years old

ACE METROPOLITAN DISTRIBUTORS, INC

Date Approved

08/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ACE METROPOLITAN DISTRIBUTORS, INC

Borrower Address

20 Jewell Street 0.0

Borrower City

Garfield

Borrower State

NJ

Borrower Zip

07026-3709

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60062.00

Current Approval Amount

60062.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Garfield

Project County Name

BERGEN

Project State

NJ

Project Zip

07026-3709

CD

NJ-09

Jobs Reported

5

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2062.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60938.37

Forgiveness Date

01/26/2022

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