Ace Forming Systems INC

$314,600 PPP Loan in Bayamon, Puerto Rico

Loan Details

Loan Number
5779627107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$314,600
Current Approval
$314,600
Forgiveness Amount
$317,615
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ace Forming Systems INC
Address
Pr 866 Marginal Lote 17 Corujo Industrial Park
ZIP Code
00961
Business Type
Corporation
Industry (NAICS)
Retail Trade (444190)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$11.1M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$255,000
Rent
$47,850
Utilities
$11,750

Lender Information

Servicing Lender
Banco Popular De Puerto Rico
Originating Lender
Banco Popular De Puerto Rico

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