ARELI, INC. (MD) - 2020 PPP Loan Borrower Profile (# 4059677304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARELI, 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 Maryland.

Loan Detail

Loan Number

4059677304

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$396,700

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$401,328.17

Date Loan was Forgiven

Jul 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

317,412.82

Mortgage Interest Proceed

79,287.18

Lender

Comerica Bank

Business Detail

Business Type

Corporation

NAICS

541990

Borrower Location

HAVRE DE GRACE, MD

Project Location

HAVRE DE GRACE, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.