PPP Loan information for Ace electric company inc.

$506,425

Ace electric company inc. was initially approved for PPP Loan of amount $506,425, the current approved amount is $506,425. The loan was approved on 02/05/2021 by The Atlantic Union Bank reported 47 jobs and $506,425 was used to fund payroll.

Ace electric company inc. is Existing or more than 2 years old

PPP Loan Search / VA / Richmond / Ace electric company inc.

ACE ELECTRIC COMPANY INC.

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ACE ELECTRIC COMPANY INC.

Borrower Address

5608 Greendale Road 5608 Greendale Road

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23228

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

506425.00

Current Approval Amount

506425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

HENRICO

Project State

VA

Project Zip

23228

CD

VA-07

Jobs Reported

47

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

506425.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

510012.18

Forgiveness Date

10/25/2021

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