ABSOLUT ACE CONTRACTING INC (NJ) - 2020 PPP Loan Borrower Profile (# 9361638510)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUT ACE CONTRACTING 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 New Jersey.

Loan Detail

Loan Number

9361638510

SBA Office Code

0299

Processing Method

PPS

Curent Loan Amount

$220,000

Date Loan was Approved

Mar 12, 2021

Amount Forgiven

$222,022.78

Date Loan was Forgiven

Feb 10, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

219,996

Lender

Valley National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238310

Borrower Location

Florham Park, NJ

Project Location

Florham Park, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.