PPP Loan information for Ares insurance brokerage service

Date Approved

04/29/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ARES INSURANCE BROKERAGE SERVICE

Borrower Address

14140 Magnolia Blvd

Borrower City

SHERMAN OAKS

Borrower State

CA

Borrower Zip

91423

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186872.50

Current Approval Amount

186872.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123396

Servicing Lender Name

Connecticut Community Bank, National Association

Servicing Lender Address

605 West Ave

Servicing Lender City

Norwalk

Servicing Lender State

CT

Servicing Lender Zip

06850

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHERMAN OAKS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91423-1000

CD

CA-32

Jobs Reported

11

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23359.06

Payroll Proceed

140154.38

Mortgage Interest Proceed

0.00

Rent Proceed

23359.06

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123396

Originating Lender

Connecticut Community Bank, National Association

Originating Lender City

Norwalk

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

188398.63

Forgiveness Date

02/23/2021