ACE WELDING & MECHANICAL LLC (OH) - 2020 PPP Loan Borrower Profile (# 3111178209)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE WELDING & MECHANICAL LLC. 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

3111178209

SBA Office Code

0593

Processing Method

PPP

Curent Loan Amount

$20,832

Date Loan was Approved

Aug 4, 2020

Amount Forgiven

$21,038.42

Date Loan was Forgiven

Aug 5, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

11,899

Payroll Proced

8,333

Mortgage Interest Proceed

Rent Proceed

600

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

236210

Borrower Location

MARENGO, OH

Project Location

MARENGO, OH

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.