# PPP loan: ARETECH LLC
> **$253K** approved 02/07/2021 · Paid in Full · Loan `5047718405`
## Borrower
- **Name:** ARETECH LLC
- **Address:** 21720 Red Rum Dr Ste 187, Ashburn, VA, 20147-5882
- **NAICS:** 339113
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $397K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 04/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $253K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Bank of Clarke
- **Servicing:** Bank of Clarke (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*