PPP Loan information for Ayres group

$7,555,500

Ayres group was initially approved for PPP Loan of amount $7,555,500, the current approved amount is $7,555,500. The loan was approved on 04/08/2020 by The City National Bank reported 500 jobs and $7,555,500 was used to fund payroll.

Ayres group is Existing or more than 2 years old

AYRES GROUP

Date Approved

04/08/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

AYRES GROUP

Borrower Address

355 Bristol Street, Suite A

Borrower City

COSTA MESA

Borrower State

CA

Borrower Zip

92626-7922

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7555500.00

Current Approval Amount

7555500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COSTA MESA

Project County Name

ORANGE

Project State

CA

Project Zip

92626-7922

CD

CA-47

Jobs Reported

500

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

380000.00

Payroll Proceed

6785500.00

Mortgage Interest Proceed

390000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

7655067.00

Forgiveness Date

08/12/2021

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