PPP Loan information for Aceolution inc

$175,162

Aceolution inc was initially approved for PPP Loan of amount $175,162, the current approved amount is $175,162. The loan was approved on 06/23/2020 by The JPMorgan Chase Bank, National Association reported 33 jobs and $175,162 was used to fund payroll.

Aceolution inc is Existing or more than 2 years old

ACEOLUTION INC

Date Approved

06/23/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ACEOLUTION INC

Borrower Address

41 MIDDLESEX AVE

Borrower City

ISELIN

Borrower State

NJ

Borrower Zip

08830

Loan Status Date

07/08/2020

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

175162.00

Current Approval Amount

175162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ISELIN

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08830-0001

CD

NJ-06

Jobs Reported

33

NAICS Code

541513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2200.00

Payroll Proceed

152962.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

167167.66

Forgiveness Date

09/24/2021

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