PPP Loan information for Ara enterprises

$129,327

Ara enterprises was initially approved for PPP Loan of amount $129,327, the current approved amount is $129,327. The loan was approved on 01/22/2021 by The BankNewport reported 20 jobs and $129,327 was used to fund payroll.

Ara enterprises is Existing or more than 2 years old

PPP Loan Search / RI / Cranston / Ara enterprises

ARA ENTERPRISES

Date Approved

01/22/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

ARA ENTERPRISES

Borrower Address

816 Park Ave

Borrower City

Cranston

Borrower State

RI

Borrower Zip

02910-2025

Loan Status Date

08/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

129327.35

Current Approval Amount

129327.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02910-2025

CD

RI-02

Jobs Reported

20

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

129324.35

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

Corporation

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129915.52

Forgiveness Date

07/14/2021

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