PPP Loan information for Arete innovative resources

$20,800

Arete innovative resources was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 04/29/2020 by The United Community Bank reported 1 jobs and $20,800 was used to fund payroll.

Arete innovative resources is Existing or more than 2 years old

ARETE INNOVATIVE RESOURCES

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ARETE INNOVATIVE RESOURCES

Borrower Address

5501 Lake Edge Drive

Borrower City

Holly Springs

Borrower State

NC

Borrower Zip

27540

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holly Springs

Project County Name

WAKE

Project State

NC

Project Zip

27540-0001

CD

NC-13

Jobs Reported

1

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20915.68

Forgiveness Date

11/27/2020

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