ARIES LODGING INC (IN) - 2020 PPP Loan Borrower Profile (# 9497248401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARIES LODGING INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number
9497248401
SBA Office Code
0562
Processing Method
PPS
Curent Loan Amount
$81,000
Date Loan was Approved
Feb 17, 2021
Amount Forgiven
$81,490.5
Date Loan was Forgiven
Oct 6, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
80,999
Lender
First National Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
721110
Borrower Location
Cloverdale, IN
Project Location
Cloverdale, IN
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
12
Business Age Description
Existing or more than 2 years old
Data Source: SBA.