Arel Group Wine & Spirits INC

$146,800 PPP Loan in Cumming, Georgia

Loan Details

Loan Number
4706517310
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$146,800
Current Approval
$146,800
Forgiveness Amount
$147,805
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arel Group Wine & Spirits INC
Address
285 Elm Street, Suite 102
State
Georgia
ZIP Code
30040
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424820)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
GA-06

Loan Use Breakdown

Payroll
$117,440
Utilities
$29,360

Lender Information

Servicing Lender
Ameris Bank
Originating Lender
Ameris Bank

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