PPP Loan information for Ace auto recyclers, inc

$141,400

Ace auto recyclers, inc was initially approved for PPP Loan of amount $141,400, the current approved amount is $141,400. The loan was approved on 04/05/2020 by The Hills Bank and Trust Company reported 15 jobs and $141,400 was used to fund payroll.

Ace auto recyclers, inc is Existing or more than 2 years old

ACE AUTO RECYCLERS, INC

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ACE AUTO RECYCLERS, INC

Borrower Address

2752 S RIVERSIDE DR

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52246-5861

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141400.00

Current Approval Amount

141400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52246-5861

CD

IA-01

Jobs Reported

15

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

141400.00

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

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

142448.72

Forgiveness Date

01/08/2021

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