PPP Loan information for Arete technologies inc

$656,600

Arete technologies inc was initially approved for PPP Loan of amount $656,600, the current approved amount is $656,600. The loan was approved on 04/08/2021 by The Coastal Community Bank reported 60 jobs and $656,600 was used to fund payroll.

Arete technologies inc is Existing or more than 2 years old

PPP Loan Search / NC / Cary / Arete technologies inc

ARETE TECHNOLOGIES INC

Date Approved

04/08/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ARETE TECHNOLOGIES INC

Borrower Address

647 Peach Orchard Pl

Borrower City

Cary

Borrower State

NC

Borrower Zip

27519-1893

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

656600.00

Current Approval Amount

656600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121424

Servicing Lender Name

Coastal Community Bank

Servicing Lender Address

5415 Evergreen Way

Servicing Lender City

EVERETT

Servicing Lender State

WA

Servicing Lender Zip

98203-3646

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cary

Project County Name

WAKE

Project State

NC

Project Zip

27519-1893

CD

NC-02

Jobs Reported

60

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

656598.00

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

121424

Originating Lender

Coastal Community Bank

Originating Lender City

EVERETT

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

661007.32

Forgiveness Date

12/14/2021

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