PPP Loan information for Varney chevrolet inc

$150,742

Varney chevrolet inc was initially approved for PPP Loan of amount $150,742, the current approved amount is $150,742. The loan was approved on 04/05/2020 by The Machias Savings Bank reported 19 jobs and $150,742 was used to fund payroll.

Varney chevrolet inc is Existing or more than 2 years old

PPP Loan Search / ME / PITTSFIELD / Varney chevrolet inc

VARNEY CHEVROLET INC

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

VARNEY CHEVROLET INC

Borrower Address

384 Somerset Ave

Borrower City

PITTSFIELD

Borrower State

ME

Borrower Zip

04967-4927

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150742.00

Current Approval Amount

150742.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PITTSFIELD

Project County Name

SOMERSET

Project State

ME

Project Zip

04967-4927

CD

ME-02

Jobs Reported

19

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

150742.00

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

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

151705.07

Forgiveness Date

12/09/2020

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