# PPP loan: ACE CONTRUCTION CORPORATION
> **$165K** approved 04/08/2020 · Paid in Full · Loan `8005187008`
## Borrower
- **Name:** ACE CONTRUCTION CORPORATION
- **Address:** 7334 MONTICELLO AVE, SKOKIE, IL, 60076-4025
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 11/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Rent:** $5K
- **Utilities:** $10K
- **Debt interest:** $25K
- **Jobs reported:** 9
## Lender
- **Originating:** American Eagle Bank
- **Servicing:** American Eagle Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*