PPP Loan information for Ares, inc.

$395,000

Ares, inc. was initially approved for PPP Loan of amount $395,000, the current approved amount is $395,000. The loan was approved on 04/14/2020 by The The Huntington National Bank reported 26 jobs and $395,000 was used to fund payroll.

Ares, inc. is Existing or more than 2 years old

PPP Loan Search / OH / PORT CLINTON / Ares, inc.

ARES, INC.

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

ARES, INC.

Borrower Address

818 Front St

Borrower City

PORT CLINTON

Borrower State

OH

Borrower Zip

43452

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

395000.00

Current Approval Amount

395000.00

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

43452-0001

CD

OH-09

Jobs Reported

26

NAICS Code

611699

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

395000.00

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

398484.66

Forgiveness Date

03/19/2021

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