Ayres Group

$7,555,500 PPP Loan in Costa Mesa, California

Loan Details

Loan Number
7951587001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$7,555,500
Current Approval
$7,555,500
Forgiveness Amount
$7,655,067
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ayres Group
Address
355 Bristol Street, Suite a
ZIP Code
92626-7922
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$156.3M
Rural/Urban
Urban
Congressional District
CA-47

Loan Use Breakdown

Payroll
$6,785,500
Utilities
$380,000
Mortgage Interest
$390,000

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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