PPP Loan information for The varnett schools inc

$2,155,317

The varnett schools inc was initially approved for PPP Loan of amount $2,155,317, the current approved amount is $2,155,317. The loan was approved on 03/27/2021 by The Incommons Bank, National Association reported 293 jobs and $2,155,317 was used to fund payroll.

The varnett schools inc is Existing or more than 2 years old

THE VARNETT SCHOOLS INC

Date Approved

03/27/2021

SBA Office Code

0671

Processing Method

PPP

Borrower Name

THE VARNETT SCHOOLS INC

Borrower Address

5025 S Willow Dr

Borrower City

Houston

Borrower State

TX

Borrower Zip

77035-4804

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2155317.00

Current Approval Amount

2155317.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71442

Servicing Lender Name

Incommons Bank, National Association

Servicing Lender Address

301 E Commerce St

Servicing Lender City

MEXIA

Servicing Lender State

TX

Servicing Lender Zip

76667-2821

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Houston

Project County Name

HARRIS

Project State

TX

Project Zip

77035-4804

CD

TX-09

Jobs Reported

293

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2155317.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

501(c)3 – Non Profit

Originating Lender Location Id

71442

Originating Lender

Incommons Bank, National Association

Originating Lender City

MEXIA

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2171302.27

Forgiveness Date

12/23/2021

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