Ares Insurance Brokerage Service

$186,873 PPP Loan in Sherman Oaks, California

Loan Details

Loan Number
2916877301
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$186,873
Current Approval
$186,873
Forgiveness Amount
$188,399
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ares Insurance Brokerage Service
Address
14140 Magnolia Blvd
ZIP Code
91423
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
$5.7M
Rural/Urban
Urban
Congressional District
CA-32

Loan Use Breakdown

Payroll
$140,154
Rent
$23,359
Utilities
$23,359

Lender Information

Servicing Lender
Connecticut Community Bank, National Association
Originating Lender
Connecticut Community Bank, National Association

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