ACE PRECISION INDUSTRIES INC (OH) - 2020 PPP Loan Borrower Profile (# 1736638500)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE PRECISION INDUSTRIES 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 Ohio.

Loan Detail

Loan Number

1736638500

SBA Office Code

0549

Processing Method

PPS

Curent Loan Amount

$367,039.97

Date Loan was Approved

Feb 19, 2021

Amount Forgiven

$368,701.85

Date Loan was Forgiven

Aug 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

367,035.97

Lender

Peoples Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

332710

Borrower Location

Akron, OH

Project Location

Akron, OH

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.