# PPP loan: ARI-EL ENTERPRISES, INC.
> **$278K** approved 04/14/2020 · Paid in Full · Loan `6472687103`
## Borrower
- **Name:** ARI-EL ENTERPRISES, INC.
- **Address:** 29355 NORTHWESTERN HWY Suite 301, SOUTHFIELD, MI, 48034-1045
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 16
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*