# PPP loan: ARETE BUILDING SERVICES CORPORATION
> **$427K** approved 04/15/2020 · Paid in Full · Loan `9075797101`
## Borrower
- **Name:** ARETE BUILDING SERVICES CORPORATION
- **Address:** 42 W 39th Street 14th Floor, New York,, NY, 10018
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 03/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $427K
- **Jobs reported:** 63
## Lender
- **Originating:** Hanover Community Bank
- **Servicing:** Hanover Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*