Ace Drop Cloth & Canvas Products Co. DBA Ace Apparel &am

$264,062 PPP Loan in Bronx, New York

Loan Details

Loan Number
2690877700
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$264,062
Current Approval
$264,062
Forgiveness Amount
$265,859
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ace Drop Cloth & Canvas Products Co. DBA Ace Apparel &am
Address
4216 Park Ave
City
Bronx
ZIP Code
10457
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (314999)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$8.5M
Rural/Urban
Urban
Congressional District
NY-15

Loan Use Breakdown

Payroll
$210,000
Rent
$50,062
Utilities
$4,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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