# PPP loan: ACE WATER SPECIALTIES, INC.
> **$157K** approved 04/30/2020 · Paid in Full · Loan `6590307302`
## Borrower
- **Name:** ACE WATER SPECIALTIES, INC.
- **Address:** 3011 Todd Road, Midland, TX, 79705-9776
- **NAICS:** 561730
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $96K (61%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $157K
- **Jobs reported:** 17
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*