ACE CONTRUCTION CORPORATION (IL) - 2020 PPP Loan Borrower Profile (# 8005187008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE CONTRUCTION CORPORATION. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Illinois.

Loan Detail

Loan Number

8005187008

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$165,400

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$166,332.67

Date Loan was Forgiven

Nov 9, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,400

Payroll Proced

125,000

Rent Proceed

5,000

Debt Interest Proceed

25,000

Lender

American Eagle Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238110

Borrower Location

SKOKIE, IL

Project Location

SKOKIE, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.