# PPP loan: ARES HOLDING CORPORATION
> **$9.97M** approved 04/15/2020 · Paid in Full · Loan `2013187207`
## Borrower
- **Name:** ARES HOLDING CORPORATION
- **Address:** 1440 CHAPIN AVE, BURLINGAME, CA, 94010
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $9.97M
- **Initial approval:** $1.91M
- **Forgiven:** $10.08M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $9.97M
- **Jobs reported:** 437
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*