# PPP loan: ACE ESCROW, INC.
> **$219K** approved 04/15/2020 · Paid in Full · Loan `1062247203`
## Borrower
- **Name:** ACE ESCROW, INC.
- **Address:** 3030 W 8TH ST # 408, LOS ANGELES, CA, 90005-1887
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Rent:** $40K
- **Utilities:** $15K
- **Jobs reported:** 13
## Lender
- **Originating:** Open Bank
- **Servicing:** Open Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*