PPP Loan information for Varsity automotive, inc.

$170,635

Varsity automotive, inc. was initially approved for PPP Loan of amount $170,635, the current approved amount is $170,635. The loan was approved on 04/11/2020 by The First Merchants Bank reported 16 jobs and $170,635 was used to fund payroll.

Varsity automotive, inc. is Existing or more than 2 years old

PPP Loan Search / AR / SPRINGDALE / Varsity automotive, inc.

VARSITY AUTOMOTIVE, INC.

Date Approved

04/11/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

VARSITY AUTOMOTIVE, INC.

Borrower Address

2737 N THOMPSON ST

Borrower City

SPRINGDALE

Borrower State

AR

Borrower Zip

72764-1706

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170635.00

Current Approval Amount

170635.00

Undisbursed Amount

0.00

Franchise Name

J.D. Byrider

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGDALE

Project County Name

WASHINGTON

Project State

AR

Project Zip

72764-1706

CD

AR-03

Jobs Reported

16

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

170635.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

172729.37

Forgiveness Date

07/13/2021

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