ACE MACHINE INC (KY) - 2020 PPP Loan Borrower Profile (# 4055158605)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE MACHINE INC. 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 Kentucky.

Loan Detail

Loan Number

4055158605

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$259,660

Date Loan was Approved

Mar 17, 2021

Amount Forgiven

$261,910.39

Date Loan was Forgiven

Feb 1, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

259,657

Lender

Fifth Third Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

332710

Borrower Location

Florence, KY

Project Location

Florence, KY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.