Ares Distributors INC

$231,250 PPP Loan in Coconut Grove, Florida

Loan Details

Loan Number
2159667702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$231,250
Current Approval
$231,250
Forgiveness Amount
$211,436
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ares Distributors INC
Address
2601 S Bayshore Dr Ste 1150
State
Florida
ZIP Code
33133
Business Type
Corporation
Industry (NAICS)
Manufacturing (324110)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
FL-27

Loan Use Breakdown

Payroll
$178,662
Rent
$16,864
Utilities
$11,506
Health Care
$24,218

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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