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Ace Cutting Equipment & Supply INC

$282,820 PPP Loan in Novi, Michigan

Loan Details

Loan Number
6577797707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$282,820
Current Approval
$282,820
Forgiveness Amount
$284,990
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ace Cutting Equipment & Supply INC
Address
25806 Novi Rd
City
Novi
State
Michigan
ZIP Code
48375-1650
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423810)
Business Age
New Business or 2 years or less
Jobs Reported
18
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$282,820

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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