Ace Electric Inc

813 N. 4th St., Allentown, PA 18102 · Electrical Contractors (NAICS 238210)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

Total Amount

$4.6M

Jobs Supported

210

Years Active

2017–2017

Loan History (5)

Source: SBA FOIA

7(a)$500,000

Paid in Full

Approved: Mar 20, 2017 (FY2017)
SBA Guaranteed: $375,000 (75%)
Term: 24 months (2.0 yrs)
Interest Rate: 5.75%
Revolver: 1
Jobs Supported: 42
Business Type: Corporation
Industry: Electrical Contractors (NAICS 238210)
Paid in Full: Jun 30, 2019

Lender

Fulton Bank, National Association

One Penn Sq, Lancaster, PA 17602

Project Location

Lehigh County, PA

7(a)$1,025,000

Paid in Full

Approved: Mar 20, 2017 (FY2017)
SBA Guaranteed: $768,750 (75%)
Term: 120 months (10.0 yrs)
Interest Rate: 6.50%
Revolver: 0
Jobs Supported: 42
Business Type: Corporation
Industry: Electrical Contractors (NAICS 238210)
Paid in Full: Mar 31, 2018

Lender

Fulton Bank, National Association

One Penn Sq, Lancaster, PA 17602

Project Location

Lehigh County, PA

7(a)$1,025,000

Cancelled

Approved: Mar 22, 2017 (FY2017)
SBA Guaranteed: $768,750 (75%)
Term: 120 months (10.0 yrs)
Interest Rate: 6.75%
Revolver: 0
Jobs Supported: 42
Business Type: Corporation
Industry: Electrical Contractors (NAICS 238210)

Lender

Fulton Bank, National Association

One Penn Sq, Lancaster, PA 17602

Project Location

Lehigh County, PA

7(a)$1,025,000

Cancelled

Approved: Mar 22, 2017 (FY2017)
SBA Guaranteed: $768,750 (75%)
Term: 120 months (10.0 yrs)
Interest Rate: 6.75%
Revolver: 0
Jobs Supported: 42
Business Type: Corporation
Industry: Electrical Contractors (NAICS 238210)

Lender

Fulton Bank, National Association

One Penn Sq, Lancaster, PA 17602

Project Location

Lehigh County, PA

7(a)$1,025,000

Cancelled

Approved: Mar 22, 2017 (FY2017)
SBA Guaranteed: $768,750 (75%)
Term: 120 months (10.0 yrs)
Interest Rate: 6.75%
Revolver: 0
Jobs Supported: 42
Business Type: Corporation
Industry: Electrical Contractors (NAICS 238210)

Lender

Fulton Bank, National Association

One Penn Sq, Lancaster, PA 17602

Project Location

Lehigh County, PA

Business Details

Business Type: Corporation
NAICS Code: 238210 — Electrical Contractors
Address: 813 N. 4th St.
Allentown, PA 18102

Lender

Fulton Bank, National Association

One Penn Sq, Lancaster, PA 17602

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