# PPP loan: ACE PUMP CORPORATION
> **$259K** approved 05/20/2020 · Paid in Full · Loan `9368537402`
## Borrower
- **Name:** ACE PUMP CORPORATION
- **Address:** 1650 Channel Ave, MEMPHIS, TN, 38113
- **NAICS:** 333914
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Utilities:** $12K
- **Jobs reported:** 31
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*