PPP Loan information for Aretec, inc.

$391,092

Aretec, inc. was initially approved for PPP Loan of amount $391,092, the current approved amount is $391,092. The loan was approved on 04/10/2020 by The MVB Bank, Inc. reported 22 jobs and $391,092 was used to fund payroll.

Aretec, inc. is Existing or more than 2 years old

PPP Loan Search / VA / FAIRFAX / Aretec, inc.

ARETEC, INC.

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ARETEC, INC.

Borrower Address

10201 Fairfax BLVD Suite 223

Borrower City

FAIRFAX

Borrower State

VA

Borrower Zip

22030-2200

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391092.00

Current Approval Amount

391092.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFAX

Project County Name

FAIRFAX CITY

Project State

VA

Project Zip

22030-2200

CD

VA-11

Jobs Reported

22

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

391092.00

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

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

395991.51

Forgiveness Date

07/12/2021

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