PPP Loan information for Arete contracting

$48,467

Arete contracting was initially approved for PPP Loan of amount $48,467, the current approved amount is $48,467. The loan was approved on 01/26/2021 by The Hawthorn Bank reported 3 jobs and $48,467 was used to fund payroll.

Arete contracting is Existing or more than 2 years old

ARETE CONTRACTING

Date Approved

01/26/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

ARETE CONTRACTING

Borrower Address

220 E Dunklin St

Borrower City

Jefferson City

Borrower State

MO

Borrower Zip

65101-3127

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48466.62

Current Approval Amount

48466.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40274

Servicing Lender Name

Hawthorn Bank

Servicing Lender Address

132 E High St

Servicing Lender City

JEFFERSON CITY

Servicing Lender State

MO

Servicing Lender Zip

65101-2960

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jefferson City

Project County Name

COLE

Project State

MO

Project Zip

65101-3127

CD

MO-03

Jobs Reported

3

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48466.62

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

40274

Originating Lender

Hawthorn Bank

Originating Lender City

JEFFERSON CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48703.57

Forgiveness Date

07/28/2021

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