# PPP loan: ACE ELECTRONICS OF NJ INC
> **$955K** approved 01/29/2021 · Paid in Full · Loan `8090668304`
## Borrower
- **Name:** ACE ELECTRONICS OF NJ INC
- **Address:** 235 Liberty St, Metuchen, NJ, 08840-1217
- **NAICS:** 443142
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $955K
- **Initial approval:** $955K
- **Forgiven:** $966K (101%)
- **Forgiveness date:** 04/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $955K
- **Utilities:** $1
- **Jobs reported:** 93
## 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*