PPP Loan information for Ares inc.

$382,105

Ares inc. was initially approved for PPP Loan of amount $382,105, the current approved amount is $382,105. The loan was approved on 03/17/2021 by The The Huntington National Bank reported 29 jobs and $382,105 was used to fund payroll.

Ares inc. is Existing or more than 2 years old

ARES INC.

Date Approved

03/17/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

ARES INC.

Borrower Address

818 Front St.

Borrower City

Port Clinton

Borrower State

OH

Borrower Zip

43452

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

382105.00

Current Approval Amount

382105.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Port Clinton

Project County Name

OTTAWA

Project State

OH

Project Zip

43452

CD

OH-05

Jobs Reported

29

NAICS Code

332313

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

382105.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

384481.38

Forgiveness Date

11/02/2021

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