# PPP loan: ACE FAB AND WELDING LLC
> **$386K** approved 05/01/2020 · Paid in Full · Loan `2339827710`
## Borrower
- **Name:** ACE FAB AND WELDING LLC
- **Address:** 2468 S 1620 W, OGDEN, UT, 84401
- **NAICS:** 238990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $386K
- **Initial approval:** $386K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Rent:** $39K
- **Utilities:** $29K
- **Health care:** $33K
- **Debt interest:** $9K
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*