ACE MACHINING, INC (VA) - 2020 PPP Loan Borrower Profile (# 5554647406)

Updated on April 18, 2025.

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

Loan Detail

Loan Number

5554647406

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$26,000

Date Loan was Approved

May 12, 2020

Amount Forgiven

$26,172.61

Date Loan was Forgiven

Jan 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,158

Payroll Proced

20,842

Lender

Pioneer Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

332710

Borrower Location

STAUNTON, VA

Project Location

STAUNTON, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.