ACE AERONAUTICS, LLC (AL) - 2020 PPP Loan Borrower Profile (# 7141467009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE AERONAUTICS, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

7141467009

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$1,284,647.5

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$1,294,567.83

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

12,661.72

Payroll Proced

1,181,974.58

Rent Proceed

21,384.38

Health Care Proceed

38,795.84

Debt Interest Proceed

29,830.98

Lender

Bank Independent

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

336411

Borrower Location

GUNTERSVILLE, AL

Project Location

GUNTERSVILLE, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.