PPP Loan information for The araz group, inc

$1,485,200

The araz group, inc was initially approved for PPP Loan of amount $1,485,200, the current approved amount is $1,485,200. The loan was approved on 04/05/2020 by The Choice Financial Group reported 82 jobs and $1,485,200 was used to fund payroll.

The araz group, inc is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / The araz group, inc

THE ARAZ GROUP, INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE ARAZ GROUP, INC

Borrower Address

7201 W 78TH ST, Suite 100

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55439-2507

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1485200.00

Current Approval Amount

1485200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55439-2507

CD

MN-03

Jobs Reported

82

NAICS Code

524114

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1485200.00

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

Corporation

Originating Lender Location Id

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1493338.08

Forgiveness Date

11/05/2020

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