# PPP loan: ACE BUILDERS, INC.
> **$313K** approved 04/27/2020 · Paid in Full · Loan `5515107209`
## Borrower
- **Name:** ACE BUILDERS, INC.
- **Address:** 154 E MARKET ST, NAPPANEE, IN, 46550-2130
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $309K
- **Utilities:** $4K
- **Jobs reported:** 21
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*