Date Approved
01/27/2021
SBA Office Code
0455
Processing Method
PPS
Borrower Name
VARSATEL CORPORATION
Borrower Address
1820 N Corporate Lakes Blvd Ste 101
Borrower City
Weston
Borrower State
FL
Borrower Zip
33326-3268
Loan Status Date
07/13/2022
Loan Status
Charged Off
Term
42
SBA Guaranty Percentage
100
Initial Approval Amount
25500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
49274
Servicing Lender Name
Citibank, N.A.
Servicing Lender Address
5800 S. Corporate Place
Servicing Lender City
Sioux Falls
Servicing Lender State
SD
Servicing Lender Zip
57108
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BROWARD
Project State
Project Zip
CD
FL-25
Jobs Reported
1
NAICS Code
517911
Race
Unanswered
Ethnicity
Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
Forgiveness Date