# PPP loan: ACE MART RESTAURANT SUPPLY COMPANY
> **$3.48M** approved 04/08/2020 · Paid in Full · Loan `8818287000`
## Borrower
- **Name:** ACE MART RESTAURANT SUPPLY COMPANY
- **Address:** 2653 Austin Highway, San Antonio, TX, 78218-2049
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.48M
- **Initial approval:** $3.48M
- **Forgiven:** $3.52M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.70M
- **Rent:** $611K
- **Mortgage interest:** $37K
- **Utilities:** $130K
- **Jobs reported:** 209
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*