PPP Loan information for Are group, inc

$48,800

Are group, inc was initially approved for PPP Loan of amount $48,800, the current approved amount is $48,800. The loan was approved on 04/07/2020 by The Peoples Exchange Bank reported 10 jobs and $48,800 was used to fund payroll.

Are group, inc is Existing or more than 2 years old

ARE GROUP, INC

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

ARE GROUP, INC

Borrower Address

810 US HIGHWAY 27 SOUTH

Borrower City

CYNTHIANA

Borrower State

KY

Borrower Zip

41031-6004

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48800.00

Current Approval Amount

48800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26796

Servicing Lender Name

Peoples Exchange Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

WINCHESTER

Servicing Lender State

KY

Servicing Lender Zip

40391-2607

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CYNTHIANA

Project County Name

HARRISON

Project State

KY

Project Zip

41031-6004

CD

KY-04

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48800.00

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

26796

Originating Lender

Peoples Exchange Bank

Originating Lender City

WINCHESTER

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49157.87

Forgiveness Date

01/07/2021

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