Ares Materials, Inc. DBA Ares Materials Inc.

$132,000 PPP Loan in Plano, Texas

Loan Details

Loan Number
2859047705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$132,000
Current Approval
$132,000
Forgiveness Amount
$133,308
Forgiveness Date
May 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ares Materials, Inc. DBA Ares Materials Inc.
Address
840 F Ave Ste 103
City
Plano
State
Texas
ZIP Code
75074
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325211)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
$11.9M
Rural/Urban
Urban
Congressional District
TX-32

Loan Use Breakdown

Payroll
$115,370
Rent
$6,605
Health Care
$10,025

Lender Information

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

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