PPP Loan information for Are corporation

$35,669

Are corporation was initially approved for PPP Loan of amount $35,669, the current approved amount is $35,669. The loan was approved on 02/10/2021 by The Capital Bank, National Association reported 9 jobs and $35,669 was used to fund payroll.

Are corporation is Existing or more than 2 years old

PPP Loan Search / MD / RIVERDALE / Are corporation

ARE CORPORATION

Date Approved

02/10/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ARE CORPORATION

Borrower Address

6705 RIVERDALE RD

Borrower City

RIVERDALE

Borrower State

MD

Borrower Zip

20737

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35668.50

Current Approval Amount

35668.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124055

Servicing Lender Name

Capital Bank, National Association

Servicing Lender Address

2275 Research Blvd Ste 600

Servicing Lender City

ROCKVILLE

Servicing Lender State

MD

Servicing Lender Zip

20850-6238

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RIVERDALE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20737

CD

MD-04

Jobs Reported

9

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

35661.50

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

Corporation

Originating Lender Location Id

124055

Originating Lender

Capital Bank, National Association

Originating Lender City

ROCKVILLE

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36035.09

Forgiveness Date

02/25/2022

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