# PPP loan: ACE COOLERS INC
> **$513K** approved 05/21/2020 · Paid in Full · Loan `1656827807`
## Borrower
- **Name:** ACE COOLERS INC
- **Address:** 7852 RAYTHEON RD, SAN DIEGO, CA, 92111-1605
- **NAICS:** 423740
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $513K
- **Initial approval:** $513K
- **Forgiven:** $517K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Health care:** $63K
- **Jobs reported:** 37
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*