PPP Loan information for Varela enterprises inc.

$16,365

Varela enterprises inc. was initially approved for PPP Loan of amount $16,365, the current approved amount is $16,365. The loan was approved on 03/25/2021 by The Bank of America, National Association reported 12 jobs and $16,365 was used to fund payroll.

Varela enterprises inc. is Existing or more than 2 years old

VARELA ENTERPRISES INC.

Date Approved

03/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

VARELA ENTERPRISES INC.

Borrower Address

334 73rd St

Borrower City

North Bergen

Borrower State

NJ

Borrower Zip

07047-5622

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16365.00

Current Approval Amount

16365.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Bergen

Project County Name

HUDSON

Project State

NJ

Project Zip

07047-5622

CD

NJ-08

Jobs Reported

12

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16365.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16590.52

Forgiveness Date

08/18/2022

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