Ace Electrical Contractors, Inc.

$2,489,400 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
4510317002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$2,489,400
Current Approval
$2,489,400
Forgiveness Amount
$2,509,588
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ace Electrical Contractors, Inc.
Address
8300 10th Avenue North
ZIP Code
55427-4421
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
104
Estimated Revenue
$34.2M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$2,489,400

Lender Information

Servicing Lender
Security Bank & Trust Company
Originating Lender
Security Bank and Trust Company

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