PPP Loan information for Ares lc

$537,855

Ares lc was initially approved for PPP Loan of amount $537,855, the current approved amount is $537,855. The loan was approved on 05/07/2021 by The Truist Bank reported 109 jobs and $537,855 was used to fund payroll.

Ares lc is Existing or more than 2 years old

PPP Loan Search / VA / Haymarket / Ares lc

ARES LC

Date Approved

05/07/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ARES LC

Borrower Address

4432 Costello Way

Borrower City

Haymarket

Borrower State

VA

Borrower Zip

20169-2996

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

537854.56

Current Approval Amount

537854.56

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Haymarket

Project County Name

PRINCE WILLIAM

Project State

VA

Project Zip

20169-2996

CD

VA-10

Jobs Reported

109

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

537849.56

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

540513.95

Forgiveness Date

11/08/2021

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