Ace Clearwater Enterprises

$1,896,500 PPP Loan in Torrance, California

Loan Details

Loan Number
7577477002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,896,500
Current Approval
$1,896,500
Forgiveness Amount
$1,917,284
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ace Clearwater Enterprises
Address
19815 Magellan Dr
ZIP Code
90502-1107
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336413)
Business Age
Existing or more than 2 years old
Jobs Reported
152
Estimated Revenue
$39.8M
Rural/Urban
Urban
Congressional District
CA-44

Loan Use Breakdown

Payroll
$1,449,000
Rent
$180,100
Utilities
$94,800
Health Care
$172,600

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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