PPP Loan information for West arete computing, inc.

$116,655

West arete computing, inc. was initially approved for PPP Loan of amount $116,655, the current approved amount is $116,655. The loan was approved on 04/16/2020 by The Northwest Bank reported 7 jobs and $116,655 was used to fund payroll.

West arete computing, inc. is Existing or more than 2 years old

WEST ARETE COMPUTING, INC.

Date Approved

04/16/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

WEST ARETE COMPUTING, INC.

Borrower Address

310 S. ALLEN ST Suite 107

Borrower City

STATE COLLEGE

Borrower State

PA

Borrower Zip

16801-4856

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116655.00

Current Approval Amount

116655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STATE COLLEGE

Project County Name

CENTRE

Project State

PA

Project Zip

16801-4856

CD

PA-15

Jobs Reported

7

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

116655.00

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117594.63

Forgiveness Date

02/17/2021

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