Arete Capital

$11,200 PPP Loan in Orem, Utah

Loan Details

Loan Number
2684477201
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$11,200
Current Approval
$11,200
Forgiveness Amount
$11,315
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arete Capital
Address
331 South 340 West
City
Orem
State
Utah
ZIP Code
84058
Business Type
Corporation
Industry (NAICS)
Retail Trade (453998)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
UT-03

Loan Use Breakdown

Payroll
$11,200

Lender Information

Servicing Lender
Customers Bank
Originating Lender
Readycap Lending, LLC

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