Date Approved
02/10/2021
SBA Office Code
0464
Processing Method
PPS
Borrower Name
ARRES INC
Borrower Address
2860 Bacons Bridge Rd
Borrower City
Summerville
Borrower State
SC
Borrower Zip
29485-7701
Loan Status Date
08/09/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
179637.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
112407
Servicing Lender Name
Enterprise Bank & Trust
Servicing Lender Address
150 N Meramec Ave
Servicing Lender City
CLAYTON
Servicing Lender State
MO
Servicing Lender Zip
63105-3779
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DORCHESTER
Project State
Project Zip
CD
SC-01
Jobs Reported
18
NAICS Code
221114
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
179630.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
182097.03
Forgiveness Date
07/05/2022