PPP Loan information for Ara mart inc

$35,000

Ara mart inc was initially approved for PPP Loan of amount $42,500, the current approved amount is $35,000. The loan was approved on 05/13/2020 by The The MINT National Bank reported 5 jobs and $35,000 was used to fund payroll.

Ara mart inc is Unanswered

ARA MART INC

Date Approved

05/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ARA MART INC

Borrower Address

216 Belleville Ave

Borrower City

BELLEVILLE

Borrower State

NJ

Borrower Zip

07109

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

7-Eleven, Inc - Individual Store Franchise Agreement

Servicing Lender Location Id

461163

Servicing Lender Name

The MINT National Bank

Servicing Lender Address

1213 Kingwood Dr

Servicing Lender City

KINGWOOD

Servicing Lender State

TX

Servicing Lender Zip

77339-3035

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

BELLEVILLE

Project County Name

ESSEX

Project State

NJ

Project Zip

07109-0001

CD

NJ-11

Jobs Reported

5

NAICS Code

445120

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

461163

Originating Lender

The MINT National Bank

Originating Lender City

KINGWOOD

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35288.63

Forgiveness Date

04/02/2021

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