Arete Associates

$5,702,200 PPP Loan in Northridge, California

Loan Details

Loan Number
6760757105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$5,702,200
Current Approval
$5,702,200
Forgiveness Amount
$940,053
Forgiveness Date
Oct 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arete Associates
Address
9301 Corbin Avenue, Suite 2000
ZIP Code
91324
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541715)
Business Age
Existing or more than 2 years old
Jobs Reported
296
Estimated Revenue
$61.5M
Rural/Urban
Urban
Congressional District
CA-32

Loan Use Breakdown

Payroll
$4,555,603
Rent
$342,280
Utilities
$152,484
Health Care
$564,567
Mortgage Interest
$87,266

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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