ARETE ENTERTAINMENT LLC (MI) - 2020 PPP Loan Borrower Profile (# 4729678801)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARETE ENTERTAINMENT LLC. 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 Michigan.

Loan Detail

Loan Number

4729678801

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$12,758

Date Loan was Approved

Apr 16, 2021

Amount Forgiven

$12,881.04

Date Loan was Forgiven

Apr 7, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

12,757

Lender

Cross River Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

519130

Borrower Location

Ypsilanti, MI

Project Location

Ypsilanti, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.