PPP Loan information for Arel group wine and spirits inc

$118,767

Arel group wine and spirits inc was initially approved for PPP Loan of amount $118,767, the current approved amount is $118,767. The loan was approved on 02/04/2021 by The Ameris Bank reported 7 jobs and $118,767 was used to fund payroll.

Arel group wine and spirits inc is Existing or more than 2 years old

PPP Loan Search / GA / Cumming / Arel group wine and spirits inc

AREL GROUP WINE AND SPIRITS INC

Date Approved

02/04/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

AREL GROUP WINE AND SPIRITS INC

Borrower Address

285 Elm St Ste 102

Borrower City

Cumming

Borrower State

GA

Borrower Zip

30040-8233

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

118767.00

Current Approval Amount

118767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cumming

Project County Name

FORSYTH

Project State

GA

Project Zip

30040-8233

CD

GA-06

Jobs Reported

7

NAICS Code

424820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

118767.00

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

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119609.76

Forgiveness Date

10/25/2021

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