PPP Loan information for Ace charter school

$1,875,000

Ace charter school was initially approved for PPP Loan of amount $1,875,000, the current approved amount is $1,875,000. The loan was approved on 04/15/2020 by The Newtek Small Business Finance, Inc. reported 108 jobs and $1,875,000 was used to fund payroll.

Ace charter school is Existing or more than 2 years old

ACE CHARTER SCHOOL

Date Approved

04/15/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

ACE CHARTER SCHOOL

Borrower Address

1100 SHASTA AVE SUITE 250

Borrower City

SAN JOSE

Borrower State

CA

Borrower Zip

95126-2621

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1875000.00

Current Approval Amount

1875000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN JOSE

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95126-2621

CD

CA-17

Jobs Reported

108

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1875000.00

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

Non-Profit Childcare Center

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1895104.17

Forgiveness Date

05/19/2021

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