PPP Loan information for Arata expositions inc

$975,000

Arata expositions inc was initially approved for PPP Loan of amount $975,000, the current approved amount is $975,000. The loan was approved on 02/24/2021 by The Truist Bank reported 65 jobs and $975,000 was used to fund payroll.

Arata expositions inc is Existing or more than 2 years old

PPP Loan Search / MD / Gaithersburg / Arata expositions inc

ARATA EXPOSITIONS INC

Date Approved

02/24/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ARATA EXPOSITIONS INC

Borrower Address

15928 Tournament Dr

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20877-1406

Loan Status Date

10/18/2022

Loan Status

Charged Off

Term

40

SBA Guaranty Percentage

100

Initial Approval Amount

975000.00

Current Approval Amount

975000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-1406

CD

MD-06

Jobs Reported

65

NAICS Code

561920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

974994.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;