DERRICK ARAKI (HI) - 2020 PPP Loan Borrower Profile (# 1030759005)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to DERRICK ARAKI. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Hawaii.
Loan Detail
Loan Number
1030759005
SBA Office Code
0951
Processing Method
PPP
Curent Loan Amount
$4,395
Date Loan was Approved
May 12, 2021
Amount Forgiven
$4,402.59
Date Loan was Forgiven
Jul 20, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
4,390
Lender
CU Hawaii FCU
Business Detail
Business Type
Sole Proprietorship
NAICS
111219
Borrower Location
Hilo, HI
Project Location
Hilo, HI
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.