# PPP loan: ALL ACES PROMOTIONAL STAFFING INC.
> **$311K** approved 02/03/2021 · Exemption 4 · Loan `2063558401`
## Borrower
- **Name:** ALL ACES PROMOTIONAL STAFFING INC.
- **Address:** 46-48 VERNON BLVD #306, NEW YORK, NY, 11101
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $157K (50%)
- **Forgiveness date:** 01/03/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $311K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*