# PPP loan: ACE INDUSTRIES INC
> **$5.48M** approved 04/08/2020 · Paid in Full · Loan `8766787005`
## Borrower
- **Name:** ACE INDUSTRIES INC
- **Address:** 6295 MCDONOUGH DR, NORCROSS, GA, 30093-1206
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.48M
- **Initial approval:** $4.34M
- **Forgiven:** $5.55M (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.48M
- **Jobs reported:** 336
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*