# PPP loan: ACE ELECTRONICS OF N.J.  INC.
> **$911K** approved 04/10/2020 · Paid in Full · Loan `2424397107`
## Borrower
- **Name:** ACE ELECTRONICS OF N.J.  INC.
- **Address:** 235 LIBERTY ST, METUCHEN, NJ, 08840-1217
- **NAICS:** 335921
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $911K
- **Initial approval:** $911K
- **Forgiven:** $923K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $911K
- **Jobs reported:** 83
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*