ACE ENGINEERING AND FABRICATION, LLC (MI) - 2020 PPP Loan Borrower Profile (# 1860647101)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ACE ENGINEERING AND FABRICATION, 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 Michigan.
Loan Detail
Loan Number
1860647101
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$95,547
Date Loan was Approved
Apr 10, 2020
Amount Forgiven
$96,400.38
Date Loan was Forgiven
Mar 15, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
4,947
Payroll Proced
76,000
Rent Proceed
12,000
Health Care Proceed
2,600
Lender
Thumb Bank & Trust
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
332999
Borrower Location
ROMEO, MI
Project Location
ROMEO, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
9
Business Age Description
Existing or more than 2 years old
Data Source: SBA.