ARIES INDUSTRIES, INC (WI) - 2020 PPP Loan Borrower Profile (# 7860827006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARIES INDUSTRIES, 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 Wisconsin.

Loan Detail

Loan Number

7860827006

SBA Office Code

0563

Processing Method

PPP

Curent Loan Amount

$1,616,600

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$1,628,646.99

Date Loan was Forgiven

Jan 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

20,000

Payroll Proced

1,446,600

Rent Proceed

100,000

Debt Interest Proceed

50,000

Lender

National Exchange Bank and Trust

Business Detail

Business Type

Corporation

NAICS

334515

Borrower Location

WAUKESHA, WI

Project Location

WAUKESHA, WI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

103

Business Age Description

Existing or more than 2 years old

Data Source: SBA.