Date Approved
02/07/2021
SBA Office Code
0353
Processing Method
PPS
Borrower Name
ARETECH LLC
Borrower Address
21720 Red Rum Dr Ste 187
Borrower City
Ashburn
Borrower State
VA
Borrower Zip
20147-5882
Loan Status Date
05/14/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
397426.00
Current Approval Amount
253090.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
73092
Servicing Lender Name
Bank of Clarke
Servicing Lender Address
2 E Main St
Servicing Lender City
BERRYVILLE
Servicing Lender State
Servicing Lender Zip
22611-1338
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LOUDOUN
Project State
Project Zip
CD
VA-10
Jobs Reported
12
NAICS Code
339113
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
253088.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
255923.20
Forgiveness Date
04/04/2022