Ace Electric INC

$418,572 PPP Loan in North Liberty, Iowa

Loan Details

Loan Number
1132298602
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$418,572
Current Approval
$418,572
Forgiveness Amount
$422,002
Forgiveness Date
Jan 6, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ace Electric INC
Address
1280 Progress St
State
Iowa
ZIP Code
52317-4854
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$10.5M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$418,567
Utilities
$1

Lender Information

Servicing Lender
Hills Bank and Trust Company
Originating Lender
Hills Bank and Trust Company

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