ARETE DEVELOPMENT LLC (OR) - 2020 PPP Loan Borrower Profile (# 6145278402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARETE DEVELOPMENT 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 Oregon.

Loan Detail

Loan Number

6145278402

SBA Office Code

1086

Processing Method

PPS

Curent Loan Amount

$259,003

Date Loan was Approved

Feb 10, 2021

Amount Forgiven

$260,132.54

Date Loan was Forgiven

Jul 30, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

259,001

Lender

Washington Federal Bank d/b/a WaFd Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Springfield, OR

Project Location

Springfield, OR

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.