PPP Loan information for Ace temperature control inc.

$262,500

Ace temperature control inc. was initially approved for PPP Loan of amount $262,500, the current approved amount is $262,500. The loan was approved on 04/04/2020 by The Bay State Savings Bank reported 19 jobs and $262,500 was used to fund payroll.

Ace temperature control inc. is Existing or more than 2 years old

ACE TEMPERATURE CONTROL INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ACE TEMPERATURE CONTROL INC.

Borrower Address

30 WARD ST

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01610-1923

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262500.00

Current Approval Amount

262500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33497

Servicing Lender Name

Bay State Savings Bank

Servicing Lender Address

28-32 Franklin St

Servicing Lender City

Worcester

Servicing Lender State

MA

Servicing Lender Zip

01608

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WORCESTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01610-1923

CD

MA-02

Jobs Reported

19

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

262500.00

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

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

263958.33

Forgiveness Date

11/03/2020

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