PPP Loan information for Ace concrete cutting l.c.

$66,250

Ace concrete cutting l.c. was initially approved for PPP Loan of amount $54,500, the current approved amount is $66,250. The loan was approved on 04/10/2020 by The Farmers State Bank reported 5 jobs and $66,250 was used to fund payroll.

Ace concrete cutting l.c. is Existing or more than 2 years old

ACE CONCRETE CUTTING L.C.

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ACE CONCRETE CUTTING L.C.

Borrower Address

4204 LEWIS ACCESS RD

Borrower City

CENTER POINT

Borrower State

IA

Borrower Zip

52213-9305

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54500.00

Current Approval Amount

66250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25124

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

131 Tower Park Dr, Ste 100

Servicing Lender City

WATERLOO

Servicing Lender State

IA

Servicing Lender Zip

50701-9374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CENTER POINT

Project County Name

LINN

Project State

IA

Project Zip

52213-9305

CD

IA-02

Jobs Reported

5

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

66250.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25124

Originating Lender

Farmers State Bank

Originating Lender City

WATERLOO

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66759.76

Forgiveness Date

01/25/2021

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