PPP Loan information for Arete development llc

$259,003

Arete development llc was initially approved for PPP Loan of amount $259,003, the current approved amount is $259,003. The loan was approved on 02/10/2021 by The Washington Federal Bank reported 25 jobs and $259,003 was used to fund payroll.

Arete development llc is Existing or more than 2 years old

PPP Loan Search / OR / Springfield / Arete development llc

ARETE DEVELOPMENT LLC

Date Approved

02/10/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

ARETE DEVELOPMENT LLC

Borrower Address

840 Beltline Rd Ste 202

Borrower City

Springfield

Borrower State

OR

Borrower Zip

97477-1192

Loan Status Date

08/31/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

259003.00

Current Approval Amount

259003.00

Undisbursed Amount

0.00

Franchise Name

Courtyard by Marriott

Servicing Lender Location Id

78418

Servicing Lender Name

Washington Federal Bank

Servicing Lender Address

425 Pike St

Servicing Lender City

SEATTLE

Servicing Lender State

WA

Servicing Lender Zip

98101-3902

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

LANE

Project State

OR

Project Zip

97477-1192

CD

OR-04

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

259001.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

78418

Originating Lender

Washington Federal Bank

Originating Lender City

SEATTLE

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260132.54

Forgiveness Date

07/30/2021

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