ARES INVESTMENT GROUP, LLC (NV) - 2020 PPP Loan Borrower Profile (# 5947378100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARES INVESTMENT GROUP, LLC. 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 Nevada.

Loan Detail

Loan Number

5947378100

SBA Office Code

0944

Processing Method

PPP

Curent Loan Amount

$24,000

Date Loan was Approved

Jul 20, 2020

Amount Forgiven

$24,352

Date Loan was Forgiven

Jan 4, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

24,000

Lender

MBE Capital Partners

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

531390

Borrower Location

Reno, NV

Project Location

Reno, NV

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.