Ace Electric INC

$561,400 PPP Loan in North Liberty, Iowa

Loan Details

Loan Number
9966197004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$561,400
Current Approval
$561,400
Forgiveness Amount
$567,435
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ace Electric INC
Address
1280 Progress St Po Box 557
State
Iowa
ZIP Code
52317-4854
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.9M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$561,400

Lender Information

Servicing Lender
Hills Bank and Trust Company
Originating Lender
Hills Bank and Trust Company

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