PPP Loan information for Ace rental corp.

$707,700

Ace rental corp. was initially approved for PPP Loan of amount $707,700, the current approved amount is $707,700. The loan was approved on 04/15/2020 by The Webster Bank National Association reported 64 jobs and $707,700 was used to fund payroll.

Ace rental corp. is Existing or more than 2 years old

ACE RENTAL CORP.

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

ACE RENTAL CORP.

Borrower Address

171-27 STATION RD.

Borrower City

FLUSHING

Borrower State

NY

Borrower Zip

11358

Loan Status Date

01/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

707700.00

Current Approval Amount

707700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLUSHING

Project County Name

QUEENS

Project State

NY

Project Zip

11358-0001

CD

NY-03

Jobs Reported

64

NAICS Code

532289

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

707700.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

701653.63

Forgiveness Date

11/12/2020

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