Arete Technologies INC

$656,600 PPP Loan in Cary, North Carolina

Loan Details

Loan Number
8820128701
Date Approved
Apr 8, 2021
Loan Status
Paid in Full
Initial Approval
$656,600
Current Approval
$656,600
Forgiveness Amount
$661,007
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Arete Technologies INC
Address
647 Peach Orchard Pl
City
Cary
ZIP Code
27519-1893
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561320)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$9.4M
Rural/Urban
Urban
Congressional District
NC-02

Loan Use Breakdown

Payroll
$656,598
Utilities
$1

Lender Information

Servicing Lender
Coastal Community Bank
Originating Lender
Coastal Community Bank

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