ACE HARDWARE OF SANDUSKY, INC. (MI) - 2020 PPP Loan Borrower Profile (# 5707207209)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE HARDWARE OF SANDUSKY, 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 Michigan.

Loan Detail

Loan Number

5707207209

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$42,448.42

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$42,706.6

Date Loan was Forgiven

Dec 9, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,000

Payroll Proced

40,000

Mortgage Interest Proceed

448.42

Lender

Thumb Bank and Trust

Business Detail

Business Type

Corporation

NAICS

332510

Borrower Location

SANDUSKY, MI

Project Location

SANDUSKY, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.