Grimes Ace Hardware Company

$733,100 PPP Loan in Fairborn, Ohio

Loan Details

Loan Number
7212897007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$733,100
Current Approval
$733,100
Forgiveness Amount
$737,804
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Grimes Ace Hardware Company
Address
11 N. Grand Ave
State
Ohio
ZIP Code
45324-5032
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444130)
Franchise
Ace Hardware
Business Age
Existing or more than 2 years old
Jobs Reported
138
Estimated Revenue
$28.5M
Rural/Urban
Urban
Congressional District
OH-10

Loan Use Breakdown

Payroll
$549,825
Rent
$183,275

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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