ACERE DRUGS INC (NJ) - 2020 PPP Loan Borrower Profile (# 9679958403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACERE DRUGS 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

9679958403

SBA Office Code

0299

Processing Method

PPS

Curent Loan Amount

$114,820

Date Loan was Approved

Feb 17, 2021

Amount Forgiven

$114,613.58

Date Loan was Forgiven

Nov 3, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

114,814

Lender

PNC Bank, National Association

Business Detail

Business Type

Corporation

NAICS

446110

Borrower Location

Union City, NJ

Project Location

Union City, NJ

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.