PPP Loan information for Varouh oil, inc

$71,472

Varouh oil, inc was initially approved for PPP Loan of amount $71,472, the current approved amount is $71,472. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 7 jobs and $71,472 was used to fund payroll.

Varouh oil, inc is New Business or 2 years or less

PPP Loan Search / OH / ELYRIA / Varouh oil, inc

VAROUH OIL, INC

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

VAROUH OIL, INC

Borrower Address

970 GRISWOLD RD

Borrower City

ELYRIA

Borrower State

OH

Borrower Zip

44035

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71472.00

Current Approval Amount

71472.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ELYRIA

Project County Name

LORAIN

Project State

OH

Project Zip

44035-05ND

CD

OH-05

Jobs Reported

7

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

71472.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72466.65

Forgiveness Date

10/04/2021

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