PPP Loan information for Aras corp

$108,521

Aras corp was initially approved for PPP Loan of amount $108,521, the current approved amount is $108,521. The loan was approved on 01/26/2021 by The JPMorgan Chase Bank, National Association reported 12 jobs and $108,521 was used to fund payroll.

Aras corp is Existing or more than 2 years old

ARAS CORP

Date Approved

01/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ARAS CORP

Borrower Address

123 Watchung Ave

Borrower City

Montclair

Borrower State

NJ

Borrower Zip

07043-1740

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

108521.00

Current Approval Amount

108521.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montclair

Project County Name

ESSEX

Project State

NJ

Project Zip

07043-1740

CD

NJ-11

Jobs Reported

12

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

108519.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109238.87

Forgiveness Date

09/29/2021

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