ARPITA INC (IN) - 2020 PPP Loan Borrower Profile (# 7871827208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARPITA INC. 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 Indiana.

Loan Detail

Loan Number

7871827208

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$22,900

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$23,074.93

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

118

Payroll Proced

18,782

Rent Proceed

4,000

Lender

Citizens State Bank of New Castle

Business Detail

Business Type

Subchapter S Corporation

NAICS

722513

Borrower Location

INDIANAPOLIS, IN

Project Location

INDIANAPOLIS, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.