PPP Loan information for Ace precision international

$190,100

Ace precision international was initially approved for PPP Loan of amount $148,400, the current approved amount is $190,100. The loan was approved on 04/11/2020 by The MidWestOne Bank reported 11 jobs and $190,100 was used to fund payroll.

Ace precision international is Existing or more than 2 years old

ACE PRECISION INTERNATIONAL

Date Approved

04/11/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ACE PRECISION INTERNATIONAL

Borrower Address

801 A Iowa Ave West

Borrower City

MARSHALLTOWN

Borrower State

IA

Borrower Zip

50158-8879

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148400.00

Current Approval Amount

190100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARSHALLTOWN

Project County Name

MARSHALL

Project State

IA

Project Zip

50158-8879

CD

IA-04

Jobs Reported

11

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11881.25

Payroll Proceed

142575.00

Mortgage Interest Proceed

11881.25

Rent Proceed

11881.25

Refinance EIDL Proceed

0.00

Health Care Proceed

11881.25

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

191821.46

Forgiveness Date

03/08/2021

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