PPP Loan information for Ares wellsite management

$41,600

Ares wellsite management was initially approved for PPP Loan of amount $41,600, the current approved amount is $41,600. The loan was approved on 04/29/2020 by The Peoples Bank reported 1 jobs and $41,600 was used to fund payroll.

Ares wellsite management is Existing or more than 2 years old

PPP Loan Search / KY / PRESTONSBURG / Ares wellsite management

ARES WELLSITE MANAGEMENT

Date Approved

04/29/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

ARES WELLSITE MANAGEMENT

Borrower Address

663 POTTS BR

Borrower City

PRESTONSBURG

Borrower State

KY

Borrower Zip

41653-8971

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41600.00

Current Approval Amount

41600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRESTONSBURG

Project County Name

FLOYD

Project State

KY

Project Zip

41653-8971

CD

KY-05

Jobs Reported

1

NAICS Code

213111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31200.00

Mortgage Interest Proceed

0.00

Rent Proceed

10400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42047.20

Forgiveness Date

06/11/2021

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