# PPP loan: ACE CLEARWATER ENTERPRISES INC
> **$1.90M** approved 01/31/2021 · Paid in Full · Loan `9768958307`
## Borrower
- **Name:** ACE CLEARWATER ENTERPRISES INC
- **Address:** 19815 Magellan Dr, Torrance, CA, 90502-1107
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.90M
- **Initial approval:** $1.90M
- **Forgiven:** $1.92M (101%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.90M
- **Utilities:** $1
- **Jobs reported:** 152
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*