# PPP loan: ARATA EXPOSITIONS INC
> **$975K** approved 02/24/2021 · Charged Off · Loan `3877138506`
## Borrower
- **Name:** ARATA EXPOSITIONS INC
- **Address:** 15928 Tournament Dr, Gaithersburg, MD, 20877-1406
- **NAICS:** 561920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $975K
- **Initial approval:** $975K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $975K
- **Utilities:** $1
- **Jobs reported:** 65
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*