ACE-TEX ENTERPRISES INC. (MI) - 2020 PPP Loan Borrower Profile (# 3805878604)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE-TEX ENTERPRISES 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

3805878604

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$345,200

Date Loan was Approved

Mar 17, 2021

Amount Forgiven

$347,079.42

Date Loan was Forgiven

Oct 4, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

345,199

Lender

Comerica Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

423840

Borrower Location

Detroit, MI

Project Location

Detroit, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.