PPP Loan information for Aries electronics inc

$439,197

Aries electronics inc was initially approved for PPP Loan of amount $439,197, the current approved amount is $439,197. The loan was approved on 03/20/2021 by The Wells Fargo Bank, National Association reported 30 jobs and $439,197 was used to fund payroll.

Aries electronics inc is Existing or more than 2 years old

PPP Loan Search / PA / Bristol / Aries electronics inc

ARIES ELECTRONICS INC

Date Approved

03/20/2021

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ARIES ELECTRONICS INC

Borrower Address

2609 Bartram Rd

Borrower City

Bristol

Borrower State

PA

Borrower Zip

19007-6810

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

439197.00

Current Approval Amount

439197.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

BUCKS

Project State

PA

Project Zip

19007-6810

CD

PA-01

Jobs Reported

30

NAICS Code

334417

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

439195.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

441675.76

Forgiveness Date

10/15/2021

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