PPP Loan information for Varouh oil inc

$70,462

Varouh oil inc was initially approved for PPP Loan of amount $70,462, the current approved amount is $70,462. The loan was approved on 02/11/2021 by The Fifth Third Bank reported 8 jobs and $70,462 was used to fund payroll.

Varouh oil inc is Existing or more than 2 years old

VAROUH OIL INC

Date Approved

02/11/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

VAROUH OIL INC

Borrower Address

970 Griswold Rd

Borrower City

Elyria

Borrower State

OH

Borrower Zip

44035-2321

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70462.00

Current Approval Amount

70462.00

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

Existing or more than 2 years old

Project City

Elyria

Project County Name

LORAIN

Project State

OH

Project Zip

44035-2321

CD

OH-05

Jobs Reported

8

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70461.00

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

70910.22

Forgiveness Date

10/06/2021

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