ACE POLYMER, LLC (PA) - 2020 PPP Loan Borrower Profile (# 1989807309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE POLYMER, 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 Pennsylvania.

Loan Detail

Loan Number

1989807309

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$150,000

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$111,537.19

Date Loan was Forgiven

May 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

18,750

Payroll Proced

112,500

Rent Proceed

18,750

Lender

Celtic Bank Corporation

Business Detail

Business Type

Subchapter S Corporation

NAICS

424690

Borrower Location

Chalfont, PA

Project Location

Chalfont, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.