PPP Loan information for Varney inc

$794,672

Varney inc was initially approved for PPP Loan of amount $794,672, the current approved amount is $794,672. The loan was approved on 04/05/2020 by The Machias Savings Bank reported 71 jobs and $794,672 was used to fund payroll.

Varney inc is Existing or more than 2 years old

PPP Loan Search / ME / BANGOR / Varney inc

VARNEY INC

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

VARNEY INC

Borrower Address

260 Hogan Road

Borrower City

BANGOR

Borrower State

ME

Borrower Zip

04401-4206

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

794672.00

Current Approval Amount

794672.00

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

BANGOR

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04401-4206

CD

ME-02

Jobs Reported

71

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

794672.00

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

799749.07

Forgiveness Date

12/09/2020

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