ABDULLAHI ARES (NC) - 2020 PPP Loan Borrower Profile (# 1034018802)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ABDULLAHI ARES. 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 North Carolina.
Loan Detail
Loan Number
1034018802
SBA Office Code
0460
Processing Method
PPP
Curent Loan Amount
$8,250
Date Loan was Approved
Apr 9, 2021
Amount Forgiven
$
Date Loan was Forgiven
Loan Status
Charged Off
Loan Term
41 Months
Payroll Proced
8,250
Lender
DreamSpring
Business Detail
Business Type
Independent Contractors
NAICS
485310
Borrower Location
Charlotte, NC
Project Location
Charlotte, NC
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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