PPP Loan information for The arete group llc

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE ARETE GROUP LLC

Borrower Address

414 SOUTH MAIN ST STE 209B

Borrower City

ROCHESTER

Borrower State

MI

Borrower Zip

48307-2031

Loan Status Date

06/10/2020

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCHESTER

Project County Name

OAKLAND

Project State

MI

Project Zip

48307-2031

CD

MI-10

Jobs Reported

3

NAICS Code

561320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

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

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date