# PPP loan: ARES TRANSPORT CORP
> **$155K** approved 08/07/2020 · Charged Off · Loan `5448358209`
## Borrower
- **Name:** ARES TRANSPORT CORP
- **Address:** 1531 sw 75TH AVE, MIAMI, FL, 33144-4425
- **NAICS:** 423110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Status:** Charged Off
- **Term:** 38 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 19
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*