ACE ELECTRONICS OF DEFENSE SYSTEMS, LLC (MD) - 2020 PPP Loan Borrower Profile (# 2142177102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE ELECTRONICS OF DEFENSE SYSTEMS, LLC. 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 Maryland.

Loan Detail

Loan Number

2142177102

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$279,502.5

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$283,170.49

Date Loan was Forgiven

Aug 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

279,502.5

Lender

Columbia Bank

Business Detail

Business Type

Partnership

NAICS

423610

Borrower Location

ABERDEEN PROVING GROUND, MD

Project Location

ABERDEEN PROVING GROUND, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.