PPP Loan information for Areway acquisition inc

$691,900

Areway acquisition inc was initially approved for PPP Loan of amount $691,900, the current approved amount is $691,900. The loan was approved on 02/22/2021 by The Consumers National Bank reported 80 jobs and $691,900 was used to fund payroll.

Areway acquisition inc is Existing or more than 2 years old

AREWAY ACQUISITION INC

Date Approved

02/22/2021

SBA Office Code

0549

Processing Method

PPP

Borrower Name

AREWAY ACQUISITION INC

Borrower Address

8525 Clinton Rd

Borrower City

Cleveland

Borrower State

OH

Borrower Zip

44144-1014

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

691900.00

Current Approval Amount

691900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57854

Servicing Lender Name

Consumers National Bank

Servicing Lender Address

614 E Lincoln Way

Servicing Lender City

MINERVA

Servicing Lender State

OH

Servicing Lender Zip

44657-2009

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cleveland

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44144-1014

CD

OH-07

Jobs Reported

80

NAICS Code

332811

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

691894.00

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

Subchapter S Corporation

Originating Lender Location Id

57854

Originating Lender

Consumers National Bank

Originating Lender City

MINERVA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

695397.94

Forgiveness Date

08/30/2021

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