Ace Mart Restaurant Supply Company

$3,477,500 PPP Loan in San Antonio, Texas

Loan Details

Loan Number
8818287000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,477,500
Current Approval
$3,477,500
Forgiveness Amount
$3,517,801
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ace Mart Restaurant Supply Company
Address
2653 Austin Highway
State
Texas
ZIP Code
78218-2049
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423440)
Business Age
Existing or more than 2 years old
Jobs Reported
209
Estimated Revenue
$64.0M
Rural/Urban
Urban
Congressional District
TX-35

Loan Use Breakdown

Payroll
$2,700,000
Rent
$610,500
Utilities
$130,000
Mortgage Interest
$37,000

Lender Information

Servicing Lender
Texas Capital Bank
Originating Lender
Texas Capital Bank

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