ART BY ARA INC. (WA) - 2020 PPP Loan Borrower Profile (# 2206007805)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ART BY ARA 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 Washington.

Loan Detail

Loan Number

2206007805

SBA Office Code

1013

Processing Method

PPP

Curent Loan Amount

$17,500

Date Loan was Approved

May 22, 2020

Amount Forgiven

$17,589.66

Date Loan was Forgiven

Dec 2, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

17,500

Lender

Umpqua Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

236220

Borrower Location

FEDERAL WAY, WA

Project Location

FEDERAL WAY, WA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.