PPP Loan information for Ace industries inc

$5,482,473

Ace industries inc was initially approved for PPP Loan of amount $4,336,200, the current approved amount is $5,482,473. The loan was approved on 04/08/2020 by The Truist Bank reported 336 jobs and $5,482,473 was used to fund payroll.

Ace industries inc is Existing or more than 2 years old

PPP Loan Search / GA / NORCROSS / Ace industries inc

ACE INDUSTRIES INC

Date Approved

04/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ACE INDUSTRIES INC

Borrower Address

6295 MCDONOUGH DR

Borrower City

NORCROSS

Borrower State

GA

Borrower Zip

30093-1206

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4336200.00

Current Approval Amount

5482473.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORCROSS

Project County Name

GWINNETT

Project State

GA

Project Zip

30093-1206

CD

GA-07

Jobs Reported

336

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5482473.15

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5553593.01

Forgiveness Date

07/29/2021

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