PPP Loan information for Arete mattress partners llc

$548,000

Arete mattress partners llc was initially approved for PPP Loan of amount $548,000, the current approved amount is $548,000. The loan was approved on 04/06/2020 by The Central State Bank reported 42 jobs and $548,000 was used to fund payroll.

Arete mattress partners llc is Existing or more than 2 years old

ARETE MATTRESS PARTNERS LLC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ARETE MATTRESS PARTNERS LLC

Borrower Address

3358 100th St.

Borrower City

URBANDALE

Borrower State

IA

Borrower Zip

50322-3854

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

548000.00

Current Approval Amount

548000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25502

Servicing Lender Name

Central State Bank

Servicing Lender Address

109 W Main St

Servicing Lender City

STATE CENTER

Servicing Lender State

IA

Servicing Lender Zip

50247-7769

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

URBANDALE

Project County Name

POLK

Project State

IA

Project Zip

50322-3854

CD

IA-03

Jobs Reported

42

NAICS Code

442110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

548000.00

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

25502

Originating Lender

Central State Bank

Originating Lender City

STATE CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

553571.33

Forgiveness Date

04/19/2021

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