Ace Metropolitan Distributors, INC

$60,062 PPP Loan in Garfield, New Jersey

Loan Details

Loan Number
4645828202
Date Approved
Aug 6, 2020
Loan Status
Paid in Full
Initial Approval
$60,062
Current Approval
$60,062
Forgiveness Amount
$60,938
Forgiveness Date
Jan 26, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Ace Metropolitan Distributors, INC
Address
20 Jewell Street 0.0
ZIP Code
07026-3709
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423120)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$50,000
Rent
$5,000
Utilities
$3,000
Health Care
$2,062

Lender Information

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

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