PPP Loan information for Ace supply co., inc.

$939,400

Ace supply co., inc. was initially approved for PPP Loan of amount $939,400, the current approved amount is $939,400. The loan was approved on 04/05/2020 by The Bremer Bank, National Association reported 71 jobs and $939,400 was used to fund payroll.

Ace supply co., inc. is Existing or more than 2 years old

ACE SUPPLY CO., INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ACE SUPPLY CO., INC.

Borrower Address

7640 Commerce Way

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344-2002

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

939400.00

Current Approval Amount

939400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-2002

CD

MN-03

Jobs Reported

71

NAICS Code

423730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

939400.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

946760.78

Forgiveness Date

01/20/2021

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