PPP Loan information for Are corporaton

$44,000

Are corporaton was initially approved for PPP Loan of amount $44,000, the current approved amount is $44,000. The loan was approved on 04/27/2020 by The Capital Bank, National Association reported 9 jobs and $44,000 was used to fund payroll.

Are corporaton is Existing or more than 2 years old

ARE CORPORATON

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ARE CORPORATON

Borrower Address

6705 Riverdale Road

Borrower City

RIVERDALE

Borrower State

MD

Borrower Zip

20737-2139

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44000.00

Current Approval Amount

44000.00

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

20737-2139

CD

MD-04

Jobs Reported

9

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44000.00

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

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

44462.00

Forgiveness Date

05/18/2021

;