PPP Loan information for Ace motor sales inc

$718,647

Ace motor sales inc was initially approved for PPP Loan of amount $718,647, the current approved amount is $718,647. The loan was approved on 02/23/2021 by The Loan Source Incorporated reported 55 jobs and $718,647 was used to fund payroll.

Ace motor sales inc is Existing or more than 2 years old

PPP Loan Search / NJ / Woodbury / Ace motor sales inc

ACE MOTOR SALES INC

Date Approved

02/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ACE MOTOR SALES INC

Borrower Address

487 Mantua Pike

Borrower City

Woodbury

Borrower State

NJ

Borrower Zip

08096-2616

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

718647.00

Current Approval Amount

718647.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodbury

Project County Name

GLOUCESTER

Project State

NJ

Project Zip

08096-2616

CD

NJ-01

Jobs Reported

55

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

718647.00

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

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

726581.65

Forgiveness Date

04/05/2022

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