PPP Loan information for Ares structures

$115,600

Ares structures was initially approved for PPP Loan of amount $115,600, the current approved amount is $115,600. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 15 jobs and $115,600 was used to fund payroll.

Ares structures is Existing or more than 2 years old

ARES STRUCTURES

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARES STRUCTURES

Borrower Address

396 Washington st 114

Borrower City

Wellesley Hills

Borrower State

MA

Borrower Zip

01770

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115600.00

Current Approval Amount

115600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellesley Hills

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01770-0001

CD

MA-04

Jobs Reported

15

NAICS Code

238130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

115600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116908.02

Forgiveness Date

06/15/2021

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