PPP Loan information for Ace wire & cable co inc.

$1,281,082

Ace wire & cable co inc. was initially approved for PPP Loan of amount $1,281,083, the current approved amount is $1,281,082. The loan was approved on 04/07/2020 by The Flushing Bank reported 86 jobs and $1,281,082 was used to fund payroll.

Ace wire & cable co inc. is Existing or more than 2 years old

ACE WIRE & CABLE CO INC.

Date Approved

04/07/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

ACE WIRE & CABLE CO INC.

Borrower Address

7201 51st Avenue

Borrower City

WOODSIDE

Borrower State

NY

Borrower Zip

11377-0106

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1281082.52

Current Approval Amount

1281082.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447380

Servicing Lender Name

Flushing Bank

Servicing Lender Address

260E RXR Plz

Servicing Lender City

Uniondale

Servicing Lender State

NY

Servicing Lender Zip

11556-3825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOODSIDE

Project County Name

QUEENS

Project State

NY

Project Zip

11377-0106

CD

NY-07

Jobs Reported

86

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

960811.37

Mortgage Interest Proceed

0.00

Rent Proceed

320270.63

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

447380

Originating Lender

Flushing Bank

Originating Lender City

Uniondale

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1289891.63

Forgiveness Date

12/22/2020

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