ACE HARDWARE (IN) - 2020 PPP Loan Borrower Profile (# 3066267107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE HARDWARE. 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 Indiana.

Loan Detail

Loan Number

3066267107

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$106,600

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$107,503.14

Date Loan was Forgiven

Mar 1, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

600

Payroll Proced

87,538

Rent Proceed

18,462

Lender

Citizens State Bank of New Castle

Business Detail

Business Type

Corporation

NAICS

444130

Borrower Location

NEW CASTLE, IN

Project Location

NEW CASTLE, IN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.