ACE PRECISION INTERNATIONAL (IA) - 2020 PPP Loan Borrower Profile (# 3059567105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE PRECISION INTERNATIONAL. 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 Iowa.

Loan Detail

Loan Number

3059567105

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$190,100

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$191,821.46

Date Loan was Forgiven

Mar 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

11,881.25

Payroll Proced

142,575

Mortgage Interest Proceed

11,881.25

Rent Proceed

11,881.25

Health Care Proceed

11,881.25

Lender

MidWestOne Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423990

Borrower Location

MARSHALLTOWN, IA

Project Location

MARSHALLTOWN, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.