# PPP loan: ARETE ADVISORS, LLP
> **$192K** approved 06/19/2020 · Paid in Full · Loan `8851127904`
## Borrower
- **Name:** ARETE ADVISORS, LLP
- **Address:** 8875 Research Drive, Irvine, CA, 92618-4236
- **NAICS:** 541211
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $107K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 10
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*