# PPP loan: ACE WIRE & CABLE CO INC.
> **$1.28M** approved 04/07/2020 · Paid in Full · Loan `6955257010`
## Borrower
- **Name:** ACE WIRE & CABLE CO INC.
- **Address:** 7201 51st Avenue, WOODSIDE, NY, 11377-0106
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.28M
- **Initial approval:** $1.28M
- **Forgiven:** $1.29M (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $961K
- **Rent:** $320K
- **Jobs reported:** 86
## Lender
- **Originating:** Flushing Bank
- **Servicing:** Flushing Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*